J. C. Boland

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    • Tue Feb 26th 13:00 PM | Rating: 0 0
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      The Anatomy of a Bear Market
      Good questions, intelligently posed. But the argument that bear markets have always proved to be buying opportunities (at some point) is essentially post hoc. Metaphorically: You hurtle toward the edge of a cliff, manage to avoid going over (once again), and become a believer in cliffside driving (or buying). The theory collapses if you allow the possibility that one of the earlier bear markets could have ended apocalyptically, which opens the possibility that this one could: that the perceived risk is real, though there's no certainty that what you fear will come to pass.
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