{"id":349,"date":"2018-01-21T16:27:47","date_gmt":"2018-01-21T21:27:47","guid":{"rendered":"http:\/\/stockpicks4you.com\/?p=349"},"modified":"2018-01-21T16:55:43","modified_gmt":"2018-01-21T21:55:43","slug":"the-mania-phase","status":"publish","type":"post","link":"https:\/\/stockpicks4you.com\/index.php\/2018\/01\/21\/the-mania-phase\/","title":{"rendered":"The Mania Phase"},"content":{"rendered":"<p>The mania phase is the last stage of a bull market.\u00a0 It is when a particular market goes vertical. It should be the most profitable period for the bulls. It is not. Contrary to popular belief, bulls actually lose money in the mania phase. The <a href=\"http:\/\/stockpicks4you.com\/index.php\/2018\/01\/09\/putting-on-a-short\/\">bears make money<\/a>. The bulls marry their investment. They think it should continue to go up. They don&#8217;t know when its time to jump ship.<br \/>\nThere are three components to every market top.<br \/>\n1- It has gone parabolic.<br \/>\n2- Everyone is talking about it.<br \/>\n3- There is mass stupidity at the top.<br \/>\nIf you ever invest in anything memorize these three points. Get a tattoo on your chest backwards if needed. Look in the mirror. Ask yourself the three points above in a question format.<br \/>\nHas it gone parabolic?<br \/>\nIs everyone talking about it?<br \/>\nIs there mass stupidity?<br \/>\nThe best example today is bitcoin. I have wrote about it to the point of boredom so I will not digress. John McAfee actually said bitcoin can not go into a bubble. He wrote an idiotic <a href=\"http:\/\/www.businessinsider.com\/bitcoin-price-john-mcafee-not-a-bubble-2017-8?IR=T\">op ed<\/a>. He has given numerous interviews on the subject. He ignores 5,000 years of market history. He will be the poster boy of point 3-mass stupidity.<\/p>\n<p><strong>Conclusion<\/strong><br \/>\nNever marry your investment. There is a time to sell. Always have an exit strategy. Read this <a href=\"https:\/\/www.amazon.com\/Extraordinary-Popular-Delusions-Charles-Mackay\/dp\/0486432238\">book<\/a>. Ask yourself this:<br \/>\nAm I the wolf or the sheep?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mania phase is the last stage of a bull market.\u00a0 It is when a particular market goes vertical. It should be the most profitable period for the bulls. It is not. Contrary to popular belief, bulls actually lose money in the mania phase. The bears make money. The bulls marry their investment. They think &hellip; <a href=\"https:\/\/stockpicks4you.com\/index.php\/2018\/01\/21\/the-mania-phase\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The Mania Phase<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-349","post","type-post","status-publish","format-standard","hentry","category-investing"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9wXzO-5D","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts\/349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/comments?post=349"}],"version-history":[{"count":4,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts\/349\/revisions"}],"predecessor-version":[{"id":353,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/posts\/349\/revisions\/353"}],"wp:attachment":[{"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/media?parent=349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/categories?post=349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockpicks4you.com\/index.php\/wp-json\/wp\/v2\/tags?post=349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}