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Re: TooFrank post# 24344

Tuesday, 04/04/2023 11:49:09 PM

Tuesday, April 04, 2023 11:49:09 PM

Post# of 31020
You're leaving out one detail of the equation. Explain how from October/November 2020 into March 2021 the otc market had a once in a lifetime move. Everything was being bought up and explains why xall hit .06 during that period. Even the couple complete turds that sat forgotten dead in my so called portfolio at the time which came to life and in a suprisingly big way. I took the oppertunity to cash out what once was thought as forever losses to nice gains. That detail was huge money flow pouring in. Some at the time said it was newbies opening trading accounts with stimulus money . Whatever the case may have been imo and I don't have the data to back up this claim but seems money coming into the market may have tailed off considerably in the last 2 years. No doubt it's been a shitty but even for many years prior before end of 2020 beginning 2021 you could still make decent investments/trades. Stocks back then could sustain longer runs then take a breath and pullback some before their march forward again. That hasn't been the case last 24 months. Any upward momentum fizzles out quickly with the exception of a few of course. Believe many traders learned a lesson and try no longer for the homerun only to get burnt and end up taking their smaller % gains and move on. Again I have no doubt money coming in is the biggest problem then again I could be completely wrong