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Posted By: steve k
I've been seeing this a lot lately in a variety of cards. When majoring in finance at Penn State, I had courses in business cycles and of course one of the first things we studied was the famous tulip boom-bust cycle back in 17th century Holland. Usually wild upswings in a given market is a sign that market is about to crash. Of course one thing I learned in years of stock market trading, etc., is that it is impossible to predict exactly when - but for sure the wild upswings don't last forever. |
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