The market is always right |
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Written by Ben
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Sunday, 15 March 2009 |
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When you buy and the market drops, the market is right and you are
wrong.When you sell and the market goes up, you are wrong and the
market is right again. So
whichever way you look at it, the market is always right. That’s why
you have to follow the market. If the market is trending up, don’t make
the mistake of telling it that it is too high. When the game has turned
into one of emotion and not of logic, it will continue to be too high
and going higher with the trend.
Likewise, when the market is trending down in spite of good result and good news, don’t argue, sell your shares and get out.
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