Same thing with the stock market. Drive it up and down predictably (for those that know the timing) and fleece the sheep.
I'll never forget how I owned a stock that was going up very nicely. Near the top all the ANALysts were giving it a strong buy. I was loving it. Then some bad news came out followed by a 10% drop. "Invest for the long term!!!" Is the cry from money managers. It came back by about 5%, then some more bad news and another 10% drop. This repeated until it was down by 50%. Then then ANALysts finally started the downgrades and it dropped even more. So if a stock is a strong buy, that's the time to SELLLLLLLL!!!!!!
Same thing with the stock market. Drive it up and down predictably (for those that know the timing) and fleece the sheep.
I'll never forget how I owned a stock that was going up very nicely. Near the top all the ANALysts were giving it a strong buy. I was loving it. Then some bad news came out followed by a 10% drop. "Invest for the long term!!!" Is the cry from money managers. It came back by about 5%, then some more bad news and another 10% drop. This repeated until it was down by 50%. Then then ANALysts finally started the downgrades and it dropped even more. So if a stock is a strong buy, that's the time to SELLLLLLLL!!!!!!