Lions. I want you to gain a strong understanding of Market Cycles, it is imperative that you have a knowledge of this!
On page 22 of my book A (NOT) So Random Walk On Wall Street, I begin an in-depth look at how to understand market cycles and therefore how profit from them..
Below is an excerpt.
Market cycles, business cycles, stock market cycles, etc. all complete four distinct phases. They all rise, then peak, subsequently dip, and then finally bottom out. These phases follow each other sequentially and are therefore not random. When one market cycle ends, the next one simply begins. Keep in mind that market cycles will invariably have differing lengths, and can each play out dramatically different, but that still does not change the fact that these cycles progress from one cycle to another in repeating patterns.
The Four Market Cycle Phases…. (Here again, beginning on page 22 I go on to break down each market cycle).
I strongly advise you to read the section on Market Cycles in my book.
IF as of yet you do not have a copy of my book- I would again advise you to get a copy now.
One down cycle is warranted here for Biden's literally several trillions stimulus to begin
Im one of gregs sheep. Have bought the book