ka- boom, page-3

long GBG (and other IO plays)

GBG may trade lower, of course

but the wider pattern indicates extreme fear

in terms of patterns, ew suggests a probable bottom

triangles, if correctly identified, precede an ending move

see the triangle preceding this last dump?

and, if correctly identified, triangle prior to ending spike

greed and fear, back to greed then fear

nothing wrong with either emotion, per se

we're all human

while not definitive, some of the more important things for traders and investors are to:

1. identify extremes
2. allocate risk capital
3. weather being wrong
4. be humble if right
5. take profit
6. or accept losses

pattern analysis or fundamental, both work

risk is risk, be it from ta or fa

giddyup