VIL 0.00% 1.6¢ verus investments limited

61.8% retracement at 1.8c, page-15

  1. 924 Posts.
    Good post dber except i for one don't have a strong belief
    towards charting of speccies.Speccies can be very volatile
    because theres a more emotive element to them than a blue chip.The reason is simply because no matter how many tests and what tests(seismics etc)are done u never know whats underneath the ground, if anything at all. Human behaviour
    is the same when it comes to the markets and investing in
    speccies.There are no racial or geographical boundaries.We all suffer from the same basic emotive makeup.The fear of losing money is much greater than the elation of making it.
    This is the simple reason why the stock market goes down say 5 times quicker than it goes up.
 
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