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FBR General Discussion, page-6087

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    My advice would be for people to stop thinking their brain is big enough to predict daily price movements.
    For one, the market often does what you least expect it to do. This is why contrarian investing is often more profitable than going with the crowed.
    Often when you have a feeling about something the opposite happens because you are not the only person with that same feeling and consequently the majority are already positioned for it to happen. I.e. it has become baked into the pie.
    Sometimes it's helpful to think that the opposite of what you think will happen will actually happen.
    I have no issue with what people want to believe. This is just a warning from having fallen into this same trap in the past and having learned from my own experience.
    Absolute statements that the price will rise or fall in any given day says more about the person making the procrastination than the probability of the event itself. Just food for thought.

    Not investment advice. Do your own research, etc etc.
 
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