RE:RE:RE:Well, that was a fun day.... Hang In There Longs.Exactly. When investors are scared they panic like herd of sheep that follow the leader
right over the edge. This has two effects. It causes stops to trip thereby increasing
the fallout as well as the speed. Once they have exhausted themselves by decimation
the wolves and buzzards come around for easy clean up.
A somewhat brutal analogy but when it come to the markets, it really is the survival
of the fittest and the smartest. The wolves and buzzards look to feed off the herd
whenever possible and are patient. They lie in wait for any signs of panic and then
make their move.
I added more to my position today.