Framework for Understanding Market Tops and Bottoms
MishTalk
APRIL 6, 2014
For example, many signs of a market top were clearly visible in late 1998, but it was not until the end of 2000 that most major market indices started to collapse. Likewise, many elements of a market top were evident in late 2006, but markets didn’t begin to collapse until very early 2008. They don’t mind sticking it to investors.
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