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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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<p>[QUOTE="PeacePeople, post: 4734807, member: 20082"]I don't think so. My opinion is it was more of a case of euphoria taking over and new or inexperienced traders rushing in and probably over extending. The pros sense that based on the unsustainable rise, so they start selling off in a hurry to take advantage, inexperienced get caught and have to sell off, but just a little later than they should, so panic sets in and a serious sell off happens.</p><p><br /></p><p>That's probably ok in the long term, as that kind of rise is not only not really sustainable, but probably not healthy.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 4734807, member: 20082"]I don't think so. My opinion is it was more of a case of euphoria taking over and new or inexperienced traders rushing in and probably over extending. The pros sense that based on the unsustainable rise, so they start selling off in a hurry to take advantage, inexperienced get caught and have to sell off, but just a little later than they should, so panic sets in and a serious sell off happens. That's probably ok in the long term, as that kind of rise is not only not really sustainable, but probably not healthy.[/QUOTE]
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TRYING TO "Play the GSR" -- HORRIBLE IDEA
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