Emotion Pendulum - Greed Or Fear ?

Emotion Pendulum - Greed Or Fear ?

My Trading Quotes

The best trading method is to take advantage of the crowd's greed and fear. One must be able to read the current level of the market's hidden energy to be a master trader. A low-risk, high-return trade is a trade that is aligned with fundamentals and opposite the current market peak emotion. ----------------------------------------------------------------------Jimmy Chow

Saturday, December 02, 2006

Double bottoms

While markets often make double bottoms, three pushes to a high is the most common topping pattern.
— John Bollinger (Bollinger Capital Management, created Bollinger
Bands, Capital Growth Letter, Bollinger on Bollinger Bands)

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