macrae12, your comments that the market is about six months ahead of itself DO NOT ring true in 87, nor the Asian crisis.
Where was the market 12 months ago when the sub-prime first rearded it's ugly head! The market was going gangbusters ..... ignorance by the market!
Your quote is commonly espoused, but is a generalism and untrue. Not worth a pinch.
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macrae12, your comments that the market is about six months...
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