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Post# of 253058
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Re: biocqr post# 199074

Friday, 01/15/2016 12:52:23 PM

Friday, January 15, 2016 12:52:23 PM

Post# of 253058

My favorite quote from George Soros's favorite TA guy Tom DeMark... "Bottoms are made when sellers stop selling not when buyers start buying". Capitulation requires a washout of sellers accompanied by high volume followed by declining volume on lower prices which is a sign that selling is abating and everyone who was in panic mode to sell has sold...THEN the buyers step in.



I thought I would thank you for this timely quotation.






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