Maybe traders/investors are starting to realise how overdone the...

Maybe traders/investors are starting to realise how overdone the selling is in pen.One would think the same can happen when this baby turns to the upside.I think a rally coming up very soon.Still heaps of cash to burn.

Great example below of the herd mentality.

http://w4.stern.nyu.edu/~adamodar/New_Home_Page/invfables/investorirrationality.htm

"Schiller provides an example with two restaurants, where people come into town one after another. Assume that the first person to come in picks the first restaurant and assume that the choice is random. The second person who comes into town will observe the first person sitting in the first restaurant, and is more likely to pick the same restaurant. As the number of subjects entering the market increases, you are likely to see the crowd at the first restaurant pick up, while business at the second restaurant will be minimal. Thus, a random choice by the first customer in the market creates enough momentum to make it the dominant restaurant."


Patience will be rewarded.