| This Is A Stocks Wave 3 Brutal Correction Life Cycle From The Start To The End-TTW |
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| February 19, 2008 |
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Life Cycle of a Brutal Wave 3 Correction
(or how to learn to love the lows and profit from adversity)
October 31, 2007, I warned my subscribers a brutal Wave 3 correction was coming. The same day others screamed “Shut your eyes and Buy the Highs.” November 1, 2007, the Market entered the Wave 3 correction. I'm not here say, “I told you so.” But I am here to tell you the market is now exiting the correction and starting a strong Wave 5 up.
Right now, you know what a brutal Wave 3 correction feels like. You've just lived through it. You may think you're still in it.
The last 100 days has not been pleasant for you. The funny thing is, 30 days from now, you won't remember how you presently feel. You'll be euphoric. Stocks will be breaking out to new highs. Securities you hold will be sitting with 10%, 20%, perhaps 30% or greater unrealized profit. AND YOU WON'T REMEMBER!
Back on October 31, 2007, when Nasdaq topped and I warned of the Brutal Wave 3 correction that started the next day, people were so euphoric that "Buy the Highs" was the order of the day.
The fear in the market then, and, soon, the fear in the market again, will be the fear of missing out on profits as the markets continue to climb. Euphoria is harder to combat than despair. Trending123 subscribers had the opportunity to unload at the highs back in October and to buy the February lows.
Don't be a jump in late, get out too late, investor. There is no lower risk buy than a market bottom and risk is greatest at a market top because it's hardest, then, to sell and take profits, "leaving money on the table (maybe). Experienced investors call it "Irrational Exuberance," because losses flow just as easily from not selling at the right time as from not buying at the right time. Imagine thousands of people partying, dancing and drinking on the deck of the Titanic That's the average investor at a market top.
I'm John Lansing and I'd like you to remember, despite the euphoria you'll be feeling a month from now, that risk increases as the markets rise, not the other way around. My subscribers at Trending123 will know when to sell and capitalize on the rally now starting. Will you?
Join me here at Trending123 as we enter the next phase of Sudden Profits in the volatile 2008 market!
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