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Re: maseraticoupe post# 10716

Friday, 08/15/2014 4:14:09 PM

Friday, August 15, 2014 4:14:09 PM

Post# of 14019
That's where the money has been made for the last four years.

If you notice the long term chart pattern, they explode it up, traders pile in and they slowly bring it back down and shake the majority out on stop loss orders.

Next time the high is lower, so some hang on until it rebounds to the previous high (but never does). They get frustrated and bail.

It's like a python's "death squeeze".