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Pursuit Pumping into a $22 Billion Market!!!!
codswallop - Sun, 28 Dec 03 :
What total utter gibberish from the, "I've made 2000% brigade"
This is how it really works you dumb bunch of sheep brains. Punter buys on the way up because tipster has told him to and he makes paper money. He then becomes over confident, he believes he is a trader so when price backs off he doesn't know if the top has been reached or if it is getting ready for next leg up, greed cycle kicks in.
He decides to buy on what he thinks is weakness, when in truth the price is headed back down. He keeps buying on weakness all the way down because he doesn't trade what he sees; he trades what he thinks he sees. The price begins to come off rapidly; punter panics and dumps with a twenty-percent loss if, he’s lucky. This is why they talk price up because they don’t really trust their own judgement.
Statistically most of you buy at the top when the real trader is selling. This is the clue to Andy et al who are talking through their rear ends. They fool themselves while the traders are taking profits because good traders know when to dump. You will hang in there until you become idiots – just like MNT, which happens over and over, and over...never ending. The data is evidence that your bragging is utter crap.
MNT is merely a reflection of a repeating pattern, which is why I bring it up but you think you have learned - I know you haven't and when you lot have passed on to your next dream another batch will enter stage left. Sheep are available 24/7/365, it's a law set in stone.
So what to do? Sell, take profits and wait patiently for next rally in 1996.
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