90% of private investors shy away from buying when a stock trades at new highs !!!!!!!!
So, the Contrarian should be buying !!!!!!!!
As stated many times on this forum by a couple of the "smartest of the smart" they are taking a Contrarian stance by buying when everyone else is selling. They are not Contrarians, they are idiots !!!!!!!!
re-read para 1 again !!!!!!!!!
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