pricing cycle
TRANSCRIPT
![Page 1: Pricing Cycle](https://reader031.vdocuments.us/reader031/viewer/2022022413/58eed8cf1a28ab4d208b4617/html5/thumbnails/1.jpg)
Point of maximum risk in investment
EuphoriaEuphoria
risk in investment
ExcitementExcitement
pp
DenialDenial
FearFear OptimismOptimism
OptimismOptimism
eaea
PanicPanicHopeHopeOptimismOptimism
DespondencyDespondency DepressionDepression
HopeHope
Point of maximum opportunity
Source: Westcourt Funds