The market goes through cycles and if we want to or need to sell in
the wrong cycle phase all bets are off.
Not exact matches
The primary mistake that those who were bearish on profit margins made in earlier
phases of the current market
cycle — and I would have to include myself in that group, at least for a time — was not the mistake of having «
wrong» beliefs about the subject, but rather the mistake of assigning too much confidence to those beliefs.
I just have a harder time playing the game because we are in the
wrong phase of the credit
cycle — profit growth is nonexistent, and debts are growing.
Using the «
wrong» extent doesn't eliminate the
cycles, but it can introduce
phase reversals (& change the amplitude).
Mothers with postpartum psychosis may recognize right from
wrong, any
cycle between delusional
phases, noting they were directed by God or the devil for example that lead them to believe that killing their babies is the only way to «free» them for example.