The Three Stages of the Bull Market

The three stages of the bull market. If you can buy in the first stage, when nobody else is optimistic, prices t forassets will be low. But it's hard because there's so little optimism in the world. In the second stage, most people except that improvement is actually taking place. You can see it in the news every day. Third stage, everybody believes that things can only get better forever. That's when the market reaches its top.