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Re: marknet post# 15802

Sunday, 03/03/2013 11:47:22 AM

Sunday, March 03, 2013 11:47:22 AM

Post# of 45505
your underestimating the power of momentum... mwip .0033 to .0199 in 10 days. erbb perfect example .0027 to .0193 is 10 days. bmsn low .003's to .0165 in 11 days. bbda mid .002's to .02 in 13 days on and on i could go. hmmmm a pattern maybe????

in the old days we had plays that could do this in 6 days...


During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior. When there's a strong trend upward the kind of skepticism that produces reasonable and accurate valuations of securities is not at work, and a bubble develops. It's very exciting when you're in the midst of it, but at some point the valuations aren't justifiable.

A king must have a queen and she is mine.