This image has been share so many times till many have seen until Sianz!
But, this is not the truth!
There will always be Buyers and Sellers at every completed transactions.
The stock market is weird. One buys, another one sells, someone waits and all three think that they are smart.
Now, who is right and who is wrong?
Only hindsights will tell the story of real winners and losers.
Commonly known Image
Lesser known Image as seen through the eyes of CW8888 in his real life of investing for past 16 years.
Pain, Joy, Regret, Sorry and Sianz!
Greed and Fear.
All Have!
The Real Thing Going Forward.
This Thing!
Many times when the stock price is moving sideways, it does not mean that that is the bottom. There comes the mentally of "Ah, it will still fall".
ReplyDeleteHow would we know when it has truly bottomed and ready to rebound? Many factors to think about and review.
Often Fear holds us back from seeing the bottom, Greed holds us back from seeing the top.
just a scary thought, what if this is a major consolidation pattern we are seeing?
ReplyDeletewhere do you decide to enter and where do you see as a rebound failure point?
major consolidation pattern?
DeleteSee who are major buyers. Institutions or Retail?
Impact is different.