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Wednesday, February 17, 2010

Bears Are Usually Wrong

Guess what!

The world is getting better.

The optimists are right. The pessimists are wrong.

In the stock market there are always people calling for a correction or a bear market, saying that stocks are soon going to drop. And sometimes they are right.
But they are usually wrong.
Stocks generally go up. That is the reality.
Stocks are usually going up.
People get awfully upset when they go down.

But they usually are going up.
So calling for a correction or a bear market is usually a bad call.

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