Seems to me that every time the market drops the money comes back greener.
My very green portfolio has been outperforming both NASDAQ and S&P or the average of them, regardless up day or down, for the better part of two years. NOT to mean a high beta (DOWN more on down days, UP more on up days), but a true bias (down LESS on down days and up MORE on up days). imho, that strongly suggests that typical profit-taking has been disrupted and accumulation is the greater order of the day - but I'm not talking about a day, but years. That rhymes with my own experience as well, but as a reformed day-trader I didn't realize I was joining a growing stampede instead of just doing my own thing. This situation has developed slowly and I do not think it is slowing down.
What started in my sock drawer full of green hopefuls three years ago and reminded me of popcorn, and then a conflagration, now seems a full-on investing revolution.
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$6.15 |
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Open | High | Low | Value | Volume |
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2 | 10084 | 6.070 |
3 | 7665 | 6.050 |
1 | 165 | 6.040 |
1 | 155 | 6.030 |
Price($) | Vol. | No. |
---|---|---|
6.170 | 8880 | 1 |
6.240 | 500 | 1 |
6.250 | 125 | 1 |
6.290 | 4000 | 1 |
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