Since the market is driven by people and people are driven partially by emotions, the probability of failure is there; therefore the probability for errors is out there. If we extrapolate the error margins to all the market components, there is a huge probability of error, and therefore a huge probability of failing on assessment of certain assets. I wouldn’t say it is always wrong or always right, instead of that I would say there are high chances, result of the sum of error probabilities, that assessments in certain assets are wrong…these are the entry or exit points; in the meantime you enjoy what the markets give you.
Just my analysis…I might be wrong…or right…nevertheless, one of the most enjoyable posts for a Monday morning…
BBI Price at posting:
7.5¢ Sentiment: LT Buy Disclosure: Held
