Topic: point of maximum pain - page 8. (Read 12474 times)
Confirmed.
I'm not convinced we are there yet. Myself and lots of other people have been around here for years and have been through this numerous times. I think this is my 6th, but I've lost track. I've developed a sense for the point of maximum pain and have profited pretty handsomely by being able to recognize it. Granted, the market could be mature enough that these sorts of things are becoming somewhat less painful, but it doesn't quite feel like we're there yet. In any event, I'm watching and waiting, because I'm going to try to be there (again) when many of you are feeling that pain. Sorry, and thanks.
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