share trading is all about game theory
if everyone listens to macquarie, and macquarie say your stock is going down, you should take note
even if no one actually listens to macquarie, you should take note
because everyone thinks everyone listens to macquarie, and they make decisions accordingly
the same goes in the other direction.
if everyone is buying a stock for a fickle reason, you should jump on, because everyone else is riding the wave
it looks like that may have been the case for lithium stocks the past year
to not take note of what macquarie are saying, is like to contradict your partner in crime in the prisoner's dilemma.
you might beat the market sometimes and make a contrarian windfall, but better to just play it safe
follow the trend, the trend is confirmed down
obviously not advice
Galaxy... GXY... Chart..., page-41
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