A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

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Entry from February 02, 2012
“You know you’re in a bear market when people are losing money but feeling pretty good about it”

"You know you’re in a bear market when people are losing money but feeling pretty good about it.—Wall Street Adage” has been on the “Food for thought” section on the upper right hand corner of the screen on the website 24hGold. The article “The Fed’s Dilemma,” by Doug Noland, on April 8, 2005 called this an “old adage,” but it’s not clear what the origin is or how old it is.


24hGold
Food for thought.
You know you’re in a bear market when people are losing money but feeling pretty good about it.
Wall Street Adage

Safehaven.com
The Fed’s Dilemma
By: Doug Noland | Fri, Apr 8, 2005
(...)
All the complacency and hopefulness has left curiously little room for fear. I’ve always appreciated the old adage, “You know you’re in a bear market when people are losing money but feeling pretty good about it.”

TSP Talk Forums
teknobucks
04-09-2005, 04:02 PM
(...)
All the complacency and hopefulness has left curiously little room for fear. I’ve always appreciated the old adage, “You know you’re in a bear market when people are losing money but feeling pretty good about it.”

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Thursday, February 02, 2012 • Permalink