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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (853)11/22/2000 2:20:52 AM
From: Joshua Corbin  Read Replies (3) of 74559
 
People buy in bull market tops because they are greedy. They sell on bear market bottoms because they ... are forced to sell.

So buying at the top is stupid, but panic selling at the bottom is perfectly justified.

You do know that the object of this game is to make money... don't you?
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