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PaddyMac33

263 Posts.

33

02/06/22

10:56

Post #: 61774683
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Originally posted by 1ronnie: ↑

If a sector has been downgraded it is not wise to top up , if the big boys are selling you won’t want to carry the bag…instos do not procrastinate , they have made a lot in the run up they are prepared not to procrastinate , but retailers denial all over.
Which is why I had cautioned about those stocks that have already run up a lot on back of fund flows and we see how quickly too they can exit the sector. You must think it won’t be long that the energy space would experience the same thing. At some point big money takes the exit while they still have profits. Buy and Hold investors can stay in denial until the event arrives , which is usually the case.

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Yeh you've been saying that about energy since last year, but still continually been proven to be wrong. This is a supply problem, not demand problem. Told you this time was different.
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