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Re: SgtJBone post# 2877

Friday, 02/02/2018 4:25:18 PM

Friday, February 02, 2018 4:25:18 PM

Post# of 6557
Yeah there is a reason. Financials like to padlock the exit doors to trap people. I'm not surprised gold went down or that cryptos went down. The reaction of a majority is to sell so for every seller, there is a buyer. Who gets the sold shares? the same people driving the panic. Like driving cattle with a hotshot. Capture the weak hand's share at low prices.

Thats the reason. They drive the ordinary joe by closing down their only chance to make a profit by driving prices down. Force them to stop out to control their losses & that has two effects: the outsiders like your and me lose by having to sell to stay afloat & secondly, when a chance to buy back in appears, he hesitate because of the raw wound we just suffered.... we got spanked bigtime, so they pool of players willing to step back in is reduced.

I mean, just look at the various VIV ETFs today, Up 27%, but how bold ids the ordinary joe? not bold enough to have played that turn back to the upside on the TVIX or the UVXY, thats for sure. Anyone who got burned playing the downside via ETFs in the last year is not going to trust their lying eyes soon enough to be a buyer in a timely fashion.

Control mechanisms 101.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."