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Stay The (Very Long Term) Course

3 Comments Published August 28th, 2008 in Trading

I can’t remember exactly where I first saw this graph but in any case, the source is cited at the bottom:

stay the course

While it is a valid argument that in the long run the market has only one direction, it is also true that in the long run, we’re all dead.

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PAUL MONTGOMERY : Glad I asked the question Babak - your link explains everything really well thanks. Was cumulative…
Babak : James, here’s today’s commentary on this from Rosenberg: Negative Interest Rates? That is indeed what occurred yesterday…
Babak : jerome, that’s an interesting take and I dare say it reveals more about your state…
Babak : oops, thanks for catching that Wayne…
wayne : The first column is the Thanksgiving week (not weekend), good luck….
jerome : Dollar carry trsde unwind, negative short T Bond interest rates, % from 200 day moving…
Dspurr624 : Supply and Demand moves prices, creates trends etc. If it were as easy as…