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Hypselotimophobia - The Fear of High Prices

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"There are only two categories of investors who are unfazed by the deluge of new 52 week highs - the nimble and the desperate," Joshua Brown writes at the Reformed Broker blog. "Unless you're in the habit of buying new highs, the ascent of this market has been way less enjoyable over the last 6 weeks than the headlines would lead outsiders to believe. If you are a a hypselotimophobe, there isn't much for you to do at this juncture, so maybe you want to just chill out."

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