July 21, 2010

Long Term High, Wild Enthusiasm. It`s Time To Go The Other Way.

Usually, when something has a 20-year move up or down, it is wrong and ready to reverse. I am talking about the big picture now - whenever something is at a long term high and everybody is wildly enthusiastic, it is time to go the other way.

in Inside The House Of Money

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.