Running Of The Bulls

May 8, 2009 at 2:35 pm  ·  Category: Sentiment Analysis

Time and again, in every market cycle I have witnessed, the extremes of emotion always appear, even among experienced investors.  When the world wants to buy only [bonds], you can almost close your eyes and [buy] stocks.

Michael Steinhardt

Quick comment on the Steinhardt quote: And vice versa too…..

This will end badly……

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