There is only one side of the market and it is not the bull side or the bear side, but the right side.
The pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.
Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills.
It took me five years to learn to play the game intelligently enough to make big money when I was right.
I believe that anyone who is intelligent, conscientious, and willing to put in the necessary time can be successful on Wall Street. As long as they realize the market is a business like any other business, they have a good chance to prosper.