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Wednesday, 06/28/2017 6:09:38 AM

Wednesday, June 28, 2017 6:09:38 AM

Post# of 211436
What happened yesterday was illustrated in the movie, "The Big Short." It was the analogy of the roulette wheel. And it seems that they mentioned in the movie that this is where a lot of investors go wrong. They buy when the ball keeps hitting the same number and they are throwing money in because they think the odds are better because of it. I don't look at advanced charting but it seems like Monday, a huge number of weak investors were jumping in when the ball was landing on the right number but became scared when others began to walk. In this case those starting to walk away were market makers. It would not surprise me if those mms began today buying back the shares that the weak hands gave up through inexperience. We shall see. Today will really be interesting.