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Are We Going to Have a Local Bubble Right Now?
Are we in a local bubble right now? Probably yes. I see an incredible amount of froth. You know, numbers are going up every day. But so li bubble bubbles are of a concern for traders. Why? Traders are people who kind of trade in and out and try and play timing games. And inevitably, most of them go bust. So i'm not a trader. I'm an investor. I buy something when i have faith in it...and then i sell it when i no longer havefaith in it"