Are fish hobbyists volatile as stock market investors?

[Orion]

Last few weeks, the stock market was very volatile and with frenzy up swing and heavy down fall, it sure swang a hell lot of heart pressures for investors.

I noticed whenever that happens, the LFS seem quieter and less people keen to spend money. I mean, there is only a limited pool of people here keeping fishes and these people will not be buying fishes indefinitely unless of course the fishes keep on dying.

But when the stock market picks up, viola! the crowds are back! Then I will see those familiar faces again (being such a small island and limited pool fish hobbyists) coming back to buy expensive apistos, altums, fancy guppies, shrimps etc like there is no tomorrow.

So the question is , where are all the fishes they have already bought at the first place? Do the math, the amount of fishes sold annually must be in millions millions and we don't see a lot of fishes in our HDB dwellers. So where are they?

Our drains are empty either!

[AquaObsession]

I think you are thinking too much. There is low or no correlation between the two. If there is, it's likely to be spurious.

Cheers,

[theodore]

So the question is , where are all the fishes they have already bought at the first place? Do the math, the amount of fishes sold annually must be in millions millions and we don't see a lot of fishes in our HDB dwellers. So where are they?

Up the lorry and
Down the toilet bowl

[Orion]

Up the lorry and
Down the toilet bowl

so... they jump ship at first sight of trouble and come back again for other novelty when conditions become favourable.

It makes sense and so are local aquarium forums just conspiracies (small market we know) to get them hooked and make hell lot of money from them, by creating the atmosphere of the latest fish hype?