Waiting helps us as investors. A lot of people, on the other hand, just can't stand to wait. If you’re unlucky and didn't get the delayed-gratification gene, you've got to work hard to overcome that impatience.
Wise people before us have insisted that the stock market is a mechanism to transfer money from the impatient to the patient.
Question of interest......... if someone were to offer you a coin toss opportunity (50%) to return 10 times your money (1000%), would you take those odds?.
What are the odds we are faced with here......?
We know the big dogs are dumping, we know material news is coming........ we just don’t know when the dumping will cease, the news will flow, or how high the bounce will be, loving the volume ;-)
