I was led to believe that the market was 'rational'. However, I have come to learn that the market hasn't got a ****ing clue.
That fact has become especially clear this year.
First of all, the market went up through January and February, as it ignored the potential spread and impacts of the virus.
Then, in March, the market decided it would be a problem, and plunged.
Then, by June, for a multitude of 'reasons', the market had pretty much returned back to where it had started.
I do not know how 'forward looking' the market is, but it is obviously not that far. Unless, of course, it concerns 'potential' profit.
Furthermore, its changes it mind as much as it changes its underwear, and turns on a dime at the drop of a hat.
If the market was a friend of mine, I would have tired of them a long time ago. Too high maintenance for my liking and tolerance.
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