.....must come down. When you see a crowd stampede like this - pure mass psychology at work - then the only thing you can be certain of is that the share price WILL come down.
Either tonight - at the close - of tomorrow, would be my guess. The T+3 traders and day traders will be running for the exits having had their fun.
We saw it several times recently, including AUM/CDU, PMH, and others. We will see it again with MOX.
If you're holding, perhaps about now would seem a good time to take profits. One can always get back in on the bounce.
- Forums
- ASX - By Stock
- MOX
- mass psychology at work: what goes up.....
mass psychology at work: what goes up.....
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)