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Okay, well I think we disagree then. Most people who follow the markets know that markets are cyclical, but knowing if you're in the beginning, middle or end of
by jm__87 8y ago
Okay, well I think we disagree then. Most people who follow the markets know that markets are cyclical, but knowing if you're in the beginning, middle or end of the upswing or downswing portion of the cycle is what most people care about. Knowing the details are the only way you could even have a chance of correctly making these calls.
- ajross 8y ago> Knowing the details are the only way you could even have a chance of correctly making these calls. That's voodoo thinking. "OK, all those other times everyone was wrong about this. But this time we have new jargon, so we can figure it out!" Nothing in the linked article (or anywhere else) gives you the magic you want. This is just a new way of explaining long-settled ideas. This is like trying to debug a linked list bug via disassembly. "OK, fine, it was a bug before on x86, but look, now it's compiled for RISC-V and uses entirely different register schemes, so this time it will work!"