by rwilli on 6. Februar 2009
“The truth, based on 60 years of my own experience: The average American should not be in the stock market. Why? Because they tend to buy at the top third of a bull market, and they tend to sell at the bottom third of a bear market. Why do they do that? Because 90% of their actions are a product of their emotions, and emotions are your worst enemy in the stock market.”
Richard Russel, Dow Theory Letters, 3.2.2009
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