RE:RE:RE:RE:RE:RE:RE:RE:RE:Troll Team??Yes, I have heard of that method before and it is quite a good analogy to describe what often occurs in markets. Understanding it and knowing not to run over the edge of the cliff yourself are the keys to great investing. Mr Buffet has made many billions watching the herd and going in the opposite direction. I prefer his knowledge of "Mr. Market" to much of what is posted here in the name of information.
Malcolm
Destinator wrote: Many here contend that "The Market knows"....a position I find really odd because Mr. Market is not in fact a person and therefore cannot "know" anything.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.fcu&postid=28064095#eqr42aPaVwE5Oieo.99
I love that comment Malcom2001. "therefore cannot 'know' anything. This is so true of bashers too.
As for the
herd mentality analyogy, I recall listening to some tribal elders in Saskatchewan telling me how their ancestors used to
run herds of Buffallo off the cliffs when they needed to stock up on food and fur for the winter months. That seems to be what the RBC report did today. The herd thought that they heard something in the message and it drove a herd of CCO investors off the cliff.
Live Long and Prosper or simply follow the herd off a cliff