Courtesy of Read the Ticker.
Lets review the banking sector. The ‘potential’ of changes to DodFrank on the TRUMP election win sent banks stocks rocketing higher, but will prices hold at these highs!
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Investing Quote…
..”I believe that the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion.”..
Jesse Livermore
..”The first rule is not to lose. The second rule is not to forget the first rule”
Warren Buffett
..”Until an hour before the Devil fell, God thought him beautiful in Heaven”..
Arthur Miller, “The Crucible”
[Contrarian Investing]
..”Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it”..
Warren Buffett
..“The main purpose of the stock market is to make fools of as many men as possible”..
Bernard Baruch