A lot of emotive responses being expressed on the TON forum this...

A lot of emotive responses being expressed on the TON forum this morning.

Shareholders (I use that word literally) should revisit this Rick Rule presentation.

https://www.youtube.com/watch?v=l8s46mAfT2w&feature=player_embedded


"Things that contribute to capitulations (because they’re irrational activities) could be things like the simple fact that the calendar month of October has witnessed so many down cycles before. The apparent end of quantitative easing might also scare people, and the idea that they need to get out before pending tax-loss sales. What marks capitulations are their extraordinary violence, their relatively short duration, and the fact that they’re emotionally driven rather than arithmetically driven events. What’s useful about capitulations, is that in my experience they have marked definitively the end of long bear markets".

Please DYOR.