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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: POKERSAM12/6/2014 3:27:26 PM
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Fintas
toccodolce

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Has anyone else noticed how "stupidity rises with price"? It seems the more the market rises the more convinced the pseudo market wizards and genius wannabees become that the market can "never" go down. The same thing occurred at the 2000 and 2007 highs. It is funny how the same losers who were calling for the moon at those two tops are calling for the moon now.
The fact is that you can be a perma anything and you will look pretty dumb a percentage of the time. The market fluctuates. A glance at a century chart will tell you that the market goes up more than it goes down. But it does correct and those corrections can take a decade. So timing is important.
Perma bulls look great when the market is going up. Any maroon can be a perma bull. Knowing when the reversal corrections are possible and not losing your bull time profits is the hard part.
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