DVP Technical Analysis, page-2424

The saying goes... Great expectations leads to big disappointments. People need to understand that in the game of investing. If you are disappointed by a stock, you really are disappointed by your own projections of the stock.

When reality falls short of these inflated projections, share prices are left to bear the brunt of investor disillusionment.Legendary investor Benjamin Graham succinctly captured the essence of market fluctuations tied to expectations when he said, "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." This voting mechanism—driven by expectations—can spur euphoria and inflated valuations during periods of exuberance, only to be corrected when the weighing machine of true value prevails.... eventually.