The current bull market is like the universe... much bigger than most of us had ever imagined... the rise from the thirties to the year 2000 was only the first wave (even though it lasted for more than half a century)... The gigantic "ABC Down" from 2000 to 2009 was wave 2 (it took 9 years to complete)... Wave 3 began in March, and will last for more than a century!
This is all part of the "288-year cycle" which bottomed during the thirties depression... The relevance to "day-trading" is virtually nil... wheareas the relevance to "investing" or long-term trading, is extremely profound.
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