Yes, I completely agree that saying the market is ''always right'' is a circular definition. So is saying the market is ''never right''', which was actually my original quibble with comnicon.
It's why I never said either of those things.
We could endlessly debate this, so I'm not going to do that at all.
Simply readdress my original point that saying the ''market is never right'' is not a good way of framing or describing what happens. At all.
Any way, this is a chart thread so that's probably enough.
Good luck all
IHL Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held