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Re: baldingcontrarian post# 62629

Saturday, 12/07/2019 4:12:00 PM

Saturday, December 07, 2019 4:12:00 PM

Post# of 83462
Alright, I get it. Contrarian strategy does work well vs the group think and the perceive safety of it.
80/20 rule and All.
You mentioned capitulation, and yes it hasn’t happened yet, my thoughts go to this long slow bleed, months in the making and I wonder if we will get climactic seller exhaustion as a one-day event. Not saying it won’t happen, only that we could have a reversal without it after this slow bleed. I can’t rule it out. Either way we will be finding out. More selling due to taxes, I don’t believe it’s done either it’s the remaining volume that’s the unknown, again the long slow bleed could be a factor. And FUD is a factor.