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Re: 10thMountain post# 231632

Wednesday, 07/09/2014 12:21:59 PM

Wednesday, July 09, 2014 12:21:59 PM

Post# of 796788
the mkt is emotional and trades on TWO emotions ...

FEAR and GREED ... FEAR is the MUCH stronger emotion

and reacts with MUCH more VOLATILE moves ...

the psychological (emotional) century marks like $3, $4

and the lesser .10 , .20, .30 ones

take NEWS & BIG VOLUME to bust thru and HOLD above

the next higher century mark ....

when FEAR (of losing $$$ gains) takes over from GREED

it will pull back to when GREED takes over again ...