well said levking....and all the doom and gloom chat also helps those cunning traders panic the inexperienced into being on the wrong side of the market.....
No one ever seems to question who is doing all the buying in these selldowns.
Are they all idiots who want to lose money......
What's happening right now with all the bad news is exactly the opposite of what happens at the top of the market...good news everywhere everyone buying....buying....buying until there's no one left to buy......market goes down leaving the inexperienced in losing positions....
Well bad news everywhere... selling... selling...until there's no one left to sell.....market goes up.....leaving the inexperienced who bought at the top finally selling out at the bottom watching in despair....
october 6 signs of historical crash times, page-72
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