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Lessons Learned

by Lee Wheeler
A lot of bears scratch their heads at the action we’re seeing and say, “Didn’t these fools learn their lesson from 2000-2002?” You could turn the question around and deduce that the bulls learned their lessons well indeed. Not from 2000-2002, but from 1998-2000.

During that 1998-2000 period, the mo-mo bullz saw that valuation […]

A Deviant Market

Jeff Saut of Raymond “You Can Call Me Ray” James has an interesting Mohel chart today showing that risk-taking behavior in the market is a tad stretched—now nearly three standard deviations away from the norm of the past six years and, by far, more euphoric than any other time since 2000.

He adds: “Verily, since the […]

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