Quote of the Day
“An investment operation is one which, upon thorough analysis promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”
-Benjamin Graham
Thursday, March 22, 2007 | 11:30 AM | Permalink
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Comments
It is easy to ignore the reality and to be a bull. As a bull, you do not even have to think, just run with the crowd and yell Booyah.
In addition, the bulls have many powerful market manipulators on their side: The Fed, US Treasury, Japan MoF, Wall Street investment banks, CNBC talking heads etc.
On the contrarily, the bears can only rely on the reality (nobody will manipulate the markets for them).
Posted by: V L | Mar 22, 2007 12:11:48 PM
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