The biggest and fastest gains occur at the very beginning, and very end of a bull market. Almost everyone misses the initial surge out of the bottom because they are still stuck in a bear market mindset. And almost everyone misses the final bubble phase because they can’t imagine that price can rise that much and remain that overbought for so long. So the vast majority only make a little bit of money during the middle phase of a bull market and miss out on the really big money that’s made at the beginning and end.
Miners have already rallied 47% out of the bottom and I dare say that most people have missed that move because they can’t break free of their bear market mentality. The surprise will be just how far this initial rally will go.
If you think like I do that the bear market is over, then the SMT weekend report is a must read.