Its Over, page-22781

  1. 22,774 Posts.
    lightbulb Created with Sketch. 2067
    Yes, things always turn out the opposite of what we think, right?

    Like Gold/Silver surprises us when we thought it is down and out, and U-turns when people got overexcited with silver.

    So if that analogy works, who knows, maybe Biden (if he stays) would beat Trump in a big surprise, not that I am counting on it. Almost everyone has written Joe off, just as people thought $50 silver was a sure thing.

    Expect the unexpected, all I can say. And now everyone is Risk On with the bulls; one surprise negative catalyst and we could see a stampede. Not long ago I gave the crowded room analogy. With more and more market participants entering through all doors into the room and no one exiting, the room starts to get overcrowded with little room....little room for a 'there's a fire' and everyone running through the exits altogether, ....a stampede.

    As I said, you don't want to be the last to leave the room when the lights are switched off and when the fire rages, but also hurtful exiting when the stampede begins,....we can't make the last 10%, leave slightly earlier yields the best outcome.

    We regret not making more by taking profits a little too soon but rejoice when we sigh with great relief that we pocketed our profits rather than face a loss (when it could have been a profit) and holding on with huge uncertainty hanging ahead.

    NO DENIAL NO PROCRASTINATION. STAY SAFE.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.