"If we assume that the 2014 pattern is going to continue driving stock prices in late 2018, then that should mean a dramatic rebound continuing through the end of 2018 and into 2019, without looking back. Thinking that the price pattern of 4 years ago should determine what happens now is a hard case to make. Except that for the past 3+ years, it has been working way better than all of the things which should matter. Knowing what the exact explanation is for this behavior is far less important than recognizing that the behavior happens for different reasons (obviously) than what the experts tell us about why stock prices move"
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