Round and round we go

My second from the same author. Both excellent to listen to vs read. Many use the principles herein to give some guide marks on whether markets are overbought or oversold. However, this is not for the typical ups and downs in the market that are caused by one of any 100 factors, often at once. I feel this is mostly useful in understanding the psychology of past major overbought and oversold territory. While this is likely to repeat in the future, and I may now be more prepared for it than yesterday/before listening, I think we are no where near this right now although we are likely entering the first phases thereof, which is a matter of what came before. And this will have an impact on what is next. They follow each other and one makes the other occur. And the amount of data and time to explain the current cycle is often much longer than we realize at first. Got it.