Build up the anticipation of a correction
When markets run up like it did for the past month - fair and not overly excessive -
All participants are looking for reasons to correct.
Usually a run will last 1-2 weeks tops, and then correct slightly before moving forward again.
Prolonging the bull run will only build up the anticipation of a correction even more, thus making the correction quantum more severe than it needed to be, when it finally arrives.
Commodities
2007-09-26
Markets Are Always Looking For Reasons(3)
Posted by cheahyeankit at 3:42:00 AM
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