GREY:BYVVF - Post by User
Comment by
metylman2000on Oct 19, 2010 11:08am
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Post# 17581858
RE: RE: Crappy day on the markets
RE: RE: Crappy day on the marketsthis is how smart guys make money...
the big guys know they can make good short-term profits by fostering fear, which is fed by their initial selling surge...
once the traders/flippers/dummies buy into it, theysell also, which feeds on itself...
the big guys who initially sold start licking their chops....
once whatever they want to buy gets low enought to warrant a quick profit, they buy back at the artificaial lower prices...
then they start walking it up again...
the traders/flippers/dummies who initially sold then get fearful they'll be left behind, so they start buying back at higher prices than they initially sold at...
classic...
only guys who make out well consistently are INVESTORS who know what they have and are not swayed by fear...
they will take profits, but only at reasonable prices....