Quote:
Originally Posted by Claeren
Either way it drops back to the long term historical norms. (<Which should be a no-brainer, that is why they are called 'long term historical norms.' Greed and/or fear seem to blind some people to that though...)
Claeren.
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Arguing for mean reversion is hardly a bold statement, or something likely to garner attention, but in the long run usually is correct. Too many people get worked up about newspaper clippings, when in reality the newpaper is actually pro-actively looking for outlier "analysts" to support the newsworthyness of their story.