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Strategies & Market Trends : Longer-Term Market Trends
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To: Fiscally Conservative who wrote (2727)10/3/2014 9:09:43 AM
From: Fintas1 Recommendation

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Fiscally Conservative

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When it comes to stocks many ignore logic and at some time that bites them in the butt.

Whether it be cabbage patch dolls...taser.. boston market place, krispy kreme.

Or an index that was 1405 back in 2013 and moved to 2018 or 30 plus %.

The means is well below that.

So it isn't if that mean will be regained but when and now.

As a LONG TERM INVESTOR and for some reason many on these boards do not understand what that means.

I focus on a target that I have done the work to expect to be hit. YET I also accept that on the way there will be drops because a stock rarely goes from 10 to 50.. There are pauses along the way for not just profit taking but to work thru the mechanics.

JPM didn't just go straight up to 60.

Look at the swings.

And the SPX or similar can not just go to 2430. The % require relief.

That's more than logic. That is common sense.

Now back to watching MIKE AND MIKE

Fintas
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