Three stages of aho

Three stages of bull market ：

 

The first stage , A few farsighted people began to believe that everything would be better .

 

The second stage , Most investors realize that progress has indeed taken place .

 

The third stage , Everyone asserts that everything will always be better .

 

The bear market has three stages ：

 

The first stage , A few thoughtful investors realize , Although the situation is very good , But it is impossible to be satisfied forever .

 

The second stage , Most investors are aware of the deterioration of the situation .

 

The third stage , Everyone believes that the situation will only get worse .

 

One of the things we can be sure of is , Extreme market behavior will reverse . I believe the pendulum will swing in one direction forever — Or stay at the end forever , The ultimate loss will be heavy ; Understand pendulum behavior .