Framework for Understanding Market Tops and Bottoms
MishTalk
APRIL 6, 2014
Likewise, many elements of a market top were evident in late 2006, but markets didn’t begin to collapse until very early 2008. CEOs are just like “dumb money” retail investors, buying high and selling low. One area that currently is frothy is the biotechnology sector. Also, near market bottoms insiders buy their own stocks.
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