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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (85925)4/18/2024 10:54:42 AM
From: Qone0  Read Replies (2) | Respond to of 96676
 
I don't think the BTFD crowd ever runs out of money. To buy the dip you have to sell the rip.

That's like saying every dip buyer is looking for the same dip, and selling the same rip.

The market is more complex than that. This 1k tick chart illustrates that. There were some dip buyers at the first pattern. They were at the wrong place. the second pattern more dip buyers. They are both now flush with cash.

This should play out on all time frames.