Your Daily Bit of Wall Street Wit & Wisdom

Irrational mind

Irrational mind

“The market can stay irrational longer than you can stay solvent.”
— John Maynard Keynes

This phenomenon is seen quite often in markets.   Oversold or overbought conditions can continue beyond your level of comfort.

That is why, as Larry Pesavento says, “Trade what you see, not what you hear or think.”

Best regards,

Steve

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