Bulls Are Resilient
On May 8th, I first started discussing what I saw as a skewed risk/reward ratio with 500 possible points of upside and 1000 points possible on the downside. Over the years when there was a decent chance for stocks to decline, I often referred to it as a window of opportunity that stays open for a period of time before closing. Three weeks after my comments, stocks have basically gone nowhere. We saw a brief dip when the “hysteria” over […]
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Date: May 25, 2017
