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The reason particular downrampers appear to be good luck on the...

  1. 168 Posts.
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    The reason particular downrampers appear to be good luck on the stock price rising is not luck or coincidence.

    These downrampers only feel comfortable sticking their neck out to downramp a stock when they feel the stock is definitely on a downtrend, thus sure to make their proclamation true... however in reality, this time is actually the bottom point of the current SP cycle. They are seeing the moves so late that the opposite of what they are hoping for actually happens.

    The downramper doesn't have the knowledge or the balls to make the call when the stock has been running. They think it's safer to make the call at the bottom, or 3/4 to the bottom, but it's too late.

    The downramper would actually be a good trader if they developed the skill and conviction to make their trades based on the opposite of what their gut is telling them.
    Last edited by TheWetDog: 24/09/20
 
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