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Strategies & Market Trends : Take the Money and Run

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To: gypsees who wrote (1256)	5/29/2002 5:39:12 PM
From: Jorj X Mckie	Read Replies (2) of 17639

Well, as long as you accept that I am making this up off the top of my head..... I think that a top is made when everybody who wants to buy, has bought. What causes capitulation selling/buying? that is a different question. And I don't really know what causes the convergence of sentiment that causes a selling (or buying) climax. I do consider that capitulation selling to be necessary for a bottom to be formed. I try not to wait around for the buying climax. I hope to have taken profits by then.

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