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<p>[QUOTE="medoraman, post: 1690261, member: 26302"]Small investors buy high and sell low. Fact of life. They make investment decisions with their heart and stomach, not their head. There is a very good reason why investment professionals track what small investor sentiment is, its because the exact opposits of what they are doing is statistically always the best investment.</p><p><br /></p><p>Not saying this is true of folks here, since by searching out knowledge investors here have become non-typical small investors. Please no one here get mad at my previous comments.</p><p><br /></p><p>I about posted here a few months ago my runins with some guys at a coinshop, but didn't want the grief. I was talking to them, and all said they were "serious investors" in silver. When i started asking them questions, all parroted back buzz phases from bullion websites, like "paper money will go back to its innate worth", and hyperinflation yada yada yada. When one said something, all wiuld nod their heads in agreement, like they had just come up with a thought between them.</p><p><br /></p><p>That is the day i knew pm was in trouble. Not any technical analysis, not discussions here, but seeing these buyers refusing to think for themselves, just accepting the BS being hand fed to them like it was gospel, that was my proof i was not missing out by not buying $30 silver this year. They were my contra indicator.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1690261, member: 26302"]Small investors buy high and sell low. Fact of life. They make investment decisions with their heart and stomach, not their head. There is a very good reason why investment professionals track what small investor sentiment is, its because the exact opposits of what they are doing is statistically always the best investment. Not saying this is true of folks here, since by searching out knowledge investors here have become non-typical small investors. Please no one here get mad at my previous comments. I about posted here a few months ago my runins with some guys at a coinshop, but didn't want the grief. I was talking to them, and all said they were "serious investors" in silver. When i started asking them questions, all parroted back buzz phases from bullion websites, like "paper money will go back to its innate worth", and hyperinflation yada yada yada. When one said something, all wiuld nod their heads in agreement, like they had just come up with a thought between them. That is the day i knew pm was in trouble. Not any technical analysis, not discussions here, but seeing these buyers refusing to think for themselves, just accepting the BS being hand fed to them like it was gospel, that was my proof i was not missing out by not buying $30 silver this year. They were my contra indicator.[/QUOTE]
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