Stock-Markets
Diamond Rated - Best Financial Markets Analysis ArticleThis article seeks to update the recent stocks stealth market and U.S. Dollar bull market analysis.Stocks Stealth Bull Market Crushes Bears Hopes (Again).The weeks price action on the major indices once more illustrated the dangers of letting emotions influence ones judgment when it comes to trading and investing. Which was never more evident than during the early week correction that once more suckered many bearish commentators into calling an end to the 'bear' market rally, right from the top of the analysts food chain right through to the bottom. Again nothing new was called on to justify FIGHTING against the trend other than references to the 1930's depression era rally! Well Shall I let you into a little secret ?
EVERY BEAR MARKET / MAJOR CORRECTION IN THE STOCK MARKET since the Great Depression HAS BEEN COMPARED TO THE 1930's BEAR MARKET RALLY BUT NEVER ONCE HAS IT REPEATED !
The only way people REALLY learn from their analysis mistakes is by getting burned in their trading account / portfolio balances, nothing else works, analysts and economists living in ivory towers will never learn!
Look, I beat the GREAT CRASH! Yes that still means 1987 ! BUT being naive, and young at the time, I believed in the 1930's DEPRESSION model and the FIFTH of a FIFTH on Elliott Wave which I learned within a short period of reading Asimov's foundation series therefore was primed to believe in elliott wave being a manifestation of psycho-history, What did I know? After all it all seemed highly convincing, so I fought against what had actually made me a fortune during the crash and continued to view each post crash peak as a shorting opportunity for a good year ! Much as the bears are doing so today ! This is 2009 and NOT 1930 ! and the Markets DO NOT REPEAT ! It is ALWAYS DIFFERENT EACH TIME!
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