A Quote by Jim Rogers
The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.
Related Quotes
Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market.
As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.
There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market.
In Reno, there is always a bull market, never a bear market, for the stocks and bonds of happiness.
The upward move at the beginning of a bull market is almost always huge compared with the vacillations late in the bear market. If you try to pick a bottom, you will miss a good part of the action.
The fact that the bond market is rallying today is a plus. If this ends up being a bear market, it will be one of the first ever that began when interest rates are down.
...first check whether the market as a whole is rising or falling. In other words, are you in a bull market or bear market? If the latter, stay out. The odds are against you.
A bull market is like sex. It feels best just before it ends.
The thing I always try to remember is that feet are attached to the leg, and that you must prolong the silhouette. The shoe elongates the leg and does it discreetly. The goal is to get people to look at a woman's legs. It's all about the leg. No, it's not about the leg. It's about the woman.
I have a very basic leg. But it has a silicon cover on it. I have a flat foot leg, a high heel leg and then I have a leg which, in the winter, I have to ski in and in the summer I swap it into my roller blades.
Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes.
Everybody's angry with me because, apparently, I outed my cousin during an argument over a turkey leg. My cousin goes, 'You had the last leg.' I was like, 'You're gay.
In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence of market cooperation.
I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.
Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.
My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.
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