Comment by redwood

When regular people, who normally talk to you about recent movies, are telling you how much money they made on XYZ stock recently, that tends to be a sign that the market is starting to get inundated by novice investors who are essentially fueling an irrational rise. This is of course purely anecdotal but I do believe once the mainstream media latches onto a story and you start hearing the regular folks investing their money into that particular story there is a problem.