If you remember my often quote: No Denial No Procrastination
Way too often, market participants continue to be in denial in a sector that has had its time. Boom then bust....followed by a period of consolidation.
Way too often, market participants are skeptical of the first innings of a new bull rally, procrastinating then only decide to enter/participate very much later when the bull has become noteworthy, by which time Boom could then turn to Bust.
There is a Time and Place for Everything.
It is more enriching being in a sector (like SILVER) that has begun its flight northbound than being in a sector that has descended and need to stay on the ground for a more protracted time.
Macro decides where stocks go.
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If you remember my often quote: No Denial No Procrastination Way...
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