Six stages of bull and bear markets:

The first stage - don't believe it will rise

The second stage - believe it will make up for the fall

The third stage - rise to the point where you don't believe it

The fourth stage - rise to the point where you are willing to believe it

The fifth stage - don't believe it if it doesn't rise

The sixth stage - don't believe it and it won't rise

Six stages of bear markets:

The first stage - don't believe it will fall

The second stage - believe it will make up for the rise

The third stage - fall to the point where you don't believe it

The fourth stage - fall to the point where you are willing to believe it

The fifth stage - don't believe it if it doesn't fall

The sixth stage - don't believe it and it won't fall

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