Well, I'm not saying that he is definitely right. Everyone got their own opinion after reading his analysis. I'm just saying if he has been right for some of his prediction, IMHO, we should at least take this into our consideration. Too bullish or bearish about the market isn't good I think.
Time will tell who is right, the majority people who says the worst is over or the minority who says the other way around. If you agree with the majority, you have the risk losing most of your money if the minority is correct. If you agree with the minority, you have the risk of losing the opportunity to earn much money.
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