most sharemarket downturns do don't they?
but we haven't got their yet
People will have to lose more and more before they throw in the towel and there is a wholesale exit out of stocks
I blame it on Warren Buffett and his view of holding stocks for the long term.
Anyway there will come a point when people have lost to much and enough is enough and they will throw in the towel on mass
but not today it seems
still the slow grind down
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- it will have to end in capitulation
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