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Re: Simple Steve post# 57812

Saturday, 03/03/2018 2:56:33 PM

Saturday, March 03, 2018 2:56:33 PM

Post# of 108192
It is possible, of course, that the cartel persists. However, it is far more likely that they simply reverse and make a killing on the upside. It’s that simple. A pending EMA decision is about as picture perfect of a scenario for a big rally that you could find. Shorting at 2 provides far less profit potential than buying at 2 and riding it to 30. When the worm turns it will start slow and then gather steam, as everyone else figures out what is going on. Same as they did when they recognized that someone was seriously and persistently attacking the stock. It’s a crowd mentality, reinforcing itself.
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