SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (72293)6/26/2001 12:07:14 PM
From: Graystone  Respond to of 116798
 
Modified reasoning
or
I would add

all <<people are cattle>>

And reason tells me that the King and his lawyers are part of this all, even the herdsmen themselves. Of special interest are those who talk about the herd...the pigs are smarter than the cows, there is no doubt, but the sty is no better than pasture, for sure.
Once you accept that every person is part of the group you will see that the group dynamic rules every fund manager, every GATA conspirator and every CB.
The rush for the door is a group dynamic, it is why technical analysis has any merit at all, there is no control.

By now, the trailing edge of the shoal is nearing the position where the leading edge turned, a fine example of the group dynamic, no ? It isn't possible to stop the rain, but an umbrella helps.