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Hennepin, IL | He may not be wrong, but timing is everything. Take the paper written in 2000 that he references. In 2000 he claimed a bullish period was coming that would rival the 1970s, however he even admits the market didnt finally bottom until 2002 and really didnt take off until 2006. Getting all bulled up in 2000 could have been disastrous. I know a lot on here preach that by the time facts are known, the move is half over, but when you take a 50k feet view of markets, being early to the party rarely works out better than showing up after the party started. | |
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Just another take
