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Investing Based on Market Cycles
When a market is cascading downward, investors can often be heard to say, we're not going to catch a falling knife. So why should we buy before we're sure the bottom has been reached? But that's what positioning for market cycles is. It's easier to do during thes extreme advents like we saw in two thousand eight. And it's also the hardest do, because that's where it takes the most fortitude.