80% Of The Move In Gold Will Come During The Final 20% Of The Market – So Hang On!
[youtube=http://www.youtube.com/watch?v=xNonPCIzIvg]
- 80% Of The Move In Gold Will Come During The Final 20% Of The Market—So Hang On!
by Tekoa Da Silva, http://bullmarketthinking.com/
In response to the last few week’s carnage in the metals and mining markets, I felt compelled to produce a YouTube update on what we might be able to look forward too down the line. The theme of this commentary touches on “Pareto’s Law”, commonly known as the “80/20″ rule…which when applied to the markets, states that 80% of the move will occur during the final 20% of a given bull market period.
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Furthermore, we might also conclude that 80% of the people will jump on the bandwagon during that same final 20% period. So during these tough consolidations and shakeouts, remember the fundamentals and ultimate destination, as that will provide mental strength.
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However, if you’re new to this sector, carefully invest in your education first.
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