The Herd Will Panic
Quotation from Tom Williams,
Former Professional Syndicate Trader
and Author of Master The Markets.
"The herd will panic after observing
substantial falls in a market (usually
on bad news) and will usually follow
its instinct to sell. As a trader who is
aware of crowd psychology, you must
ask yourself , Are the trading
syndicates and market makers
prepared to absorb the panic selling at
these price levels?
If they are, then this is a good sign
that indicates market strength"
Nothing?
Below are links to videos posted on
the public webiste www.youtube.comÂ
showing VSA in action. Pay close
attention to the video's filmed last year
regarding the apparent never ending
rise in oil markets. Markets are
marked up on good news and marked
down on bad news so your chart
reading skills are essential when all
around you are greedy to the upside
OR PANICKING ON THE DOWNSIDE!!
Disclaimer:Therefore you acknowledge that all posts made to these site express the views and opinions of the author and not the administrators,moderators or webmaster(except for posts by these people) and hence will not be held liable. You are advised to check the accuracy with your investment advisor before deciding your move.User Hits
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Genting Singapore off 0.5% after multi-year high Genting Singapore (G13.SG) off 0.6% at $1.81, succumbing to light profit-taking after yesterday's multi-year high of $1.82, says Dow Jones. Modest volume indicates underlying demand still intact, with...
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