VIVA The Vrrooom! We're In The Midst Of A really big and steep V. As detailed in my Feb. 16 column, "Anticipate the V" (and updated in my May 25 column, "Blink and You'll Miss It"), big bear markets are almost always followed by big bull markets in a V-shape pattern. The steeper the descent, the steeper the ascentrnMost investors give too much credence to the theory that prices are rational; they presume that a market collapse must have been justified by serious economic trouble. As a result they presume that we can't have a big bull run after prices crash. History proves that presumption to be false.
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机译：VIVA The Vrrooom！我们正处在一个非常大而陡峭的V之中。正如我在2月16日的专栏中“预期V”（并在5月25日的专栏“眨眼，你会想念它”中进行了更新）所述，大熊市场几乎总是紧随其后的是V型大牛市。下降越陡峭，上升越陡峭大多数投资者对价格合理的理论过于信任。他们认为，市场崩溃一定是由严重的经济麻烦来证明的。结果，他们认为在价格暴跌之后我们不能再大牛市了。历史证明推定是错误的。
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