“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one,” said Charles MacKay in his classic book the Madness of Crowds.
A closer examination of the U.S. stock market’s (NasdaqGM:QQQ) action shows how the herd is at it again and how this may indeed be the weakest bull market by historical standards.
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