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Topic: Starting to sense pessimism... - page 3. (Read 5415 times)

sr. member
Activity: 392
Merit: 250
January 25, 2012, 04:05:38 PM
#6
If I can just hold out until we get to "Despair" for the imminent rally...

Back to...$5?

Not sure what the price will be then, but I will certainly sense despair...
legendary
Activity: 2198
Merit: 1311
January 25, 2012, 03:58:50 PM
#5
If I can just hold out until we get to "Despair" for the imminent rally...

Back to...$5?
sr. member
Activity: 392
Merit: 250
January 25, 2012, 03:42:16 PM
#4
If I can just hold out until we get to "Despair" for the imminent rally...
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
January 25, 2012, 02:55:30 PM
#3
So this is just going to be a constant roller coaster ?
The joke is that there are completely automatic trading strategies that can make money every oscillation. Sooner or later the "smart money" will start trading those strategies, and then the "big money", and then the sine wave will start to lose some amplitude due to those strategies trading against the wind.

Or at least that's the theory. Maybe there's just not enough smart money to actually make the market smart.
sr. member
Activity: 406
Merit: 250
January 25, 2012, 02:47:50 PM
#2
So this is just going to be a constant roller coaster ?
legendary
Activity: 2576
Merit: 1087
January 25, 2012, 02:46:41 PM
#1
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