Yes, I'm glad you mentioned that. I call that one "the thirsty man's catalyst".
When the Dow is down, you will have all these people who sold out early and they are desperate to get their money into a stock- any stock.
So those 1 or 2 stocks that go green in a sea of red creates a bottleneck of investors thirsty for a pip or two.
There's a few that even flew up 300% because everyone was on it, punters and smarties alike.
So my explanation of the whole situation still applies. Got anything else?
Yes, I'm glad you mentioned that. I call that one "the thirsty...
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