Re: we're screwed
in response to
by
posted on
Oct 09, 2008 09:11AM
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Or, is it possible that even a blind squirrel finds the occasional nut?
After all, for a trend to be a trend, most people to believe in it. The key as a contrarian is to ride that trend based on fundamentals until the mania phase.
Then it's safe to become a contrarian, as long as you keep your views TO YOURSELF - heaven forbid that you run against the crowd.