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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (1721)9/21/1998 10:07:00 AM
From: Moominoid  Read Replies (1) | Respond to of 3339
 
What confuses me is when people say "capitulation bottom". The fact that it is a bottom means that the balance between demand and supply is shifting. Who exactly is capitulating at the bottom? And what is the difference between "a bottom" and a "capitulation bottom"?

David



To: bobby beara who wrote (1721)9/21/1998 10:50:00 AM
From: Caroline  Read Replies (1) | Respond to of 3339
 
What you said about "capitulation" is correct.

As a long, I think of "capitulation" as "crying uncle." I accept my losses and sell. En masse, that creates a bottom.

CB


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