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Hi to Paul & Marcel

The multitude of small traders = hedge funds ,must be, as a plain necessity, long when prices are at the top, and short or out of the market at the bottom. The very fact that they are long at the top shows that they have been supplied with stocks from some source.

In 1898 a small book was published called the Game in Wall Street

It is one of the first books on P&F , but much more as well..

That Game stays the same

someone is milked someone does the milking
markets go up and then they go down.

Risk and Reward
constantly change hands
at bottom and tops
is the ultimate transferance

Only at tops can so much leverage be created
that could create such dire deep bottoms

Enantiodromia

The way up IS the way down

motorway

<blockquote data-quote="motorway" data-source="post: 353919" data-attributes="member: 7360">Hi to Paul &amp; MarcelThe multitude of small traders = hedge funds ,must be, as a plain necessity, long when prices are at the top, and short or out of the market at the bottom. The very fact that they are long at the top shows that they have been supplied with stocks from some source.In 1898 a small book was published called the Game in Wall StreetIt is one of the first books on P&amp;F , but much more as well..That Game stays the samesomeone is milked someone does the milkingmarkets go up and then they go down.Risk and Rewardconstantly change handsat bottom and topsis the ultimate transferanceOnly at&nbsp; tops can so much leverage be createdthat could&nbsp; create such dire deep bottomsEnantiodromiaThe way up IS the way downmotorway</blockquote>

[QUOTE="motorway, post: 353919, member: 7360"] Hi to Paul & Marcel The multitude of [U]small traders [/U]= hedge funds ,must be, as a plain necessity, long when prices are at the top, and short or out of the market at the bottom. The very fact that they are long at the top shows that they have been supplied with stocks from some source. In 1898 a small book was published called the Game in Wall Street It is one of the first books on P&F , but much more as well.. That Game stays the same someone is milked someone does the milking markets go up and then they go down. Risk and Reward constantly change hands at bottom and tops is the ultimate transferance Only at tops can so much leverage be created that could create such dire deep bottoms Enantiodromia The way up IS the way down motorway [/QUOTE]

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