The "novice" trader that cries BULL too long.
Too many blimps were SITTING DUCKS for this earnings season. We had an easy run up from mid March but traders who are top of the charts saw the pullback in July after last month's earnings reports and again in mid september. To keep saying we are going to rally and we continue tanking is like the "boy who cried wolf".. Testing the mettle of a real trader is in times of upside and downside and not keep calling rallies when its obvious we are correctly quite strongly. PLAY the charts folks, play the realities of pullbacks we had in July and mid September. Stop crying for the bygone days of March through July rally, if you are a real trader, you will know how to handle the pullbacks as well. The hamina-hamina trader cries on what was, and misses what is. We'll trade the stocks, the charts an leave whimpering for days past for others. If we rally, we'll know it and we'll be in it but to call a rally through 1 month of volatility in both directions is verging on the SENILE to the potentially dangerous for newbies.
No trader held through the pullbacks in July and September except the Hamina trader who comes out when the coast is clear. Everyone took profits during the run and only novices keep calling for rallies when there are no rallies.
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