I heard a story that a well known analyst went to work for an ex pit trader who was now ceo of a trading firm. The analyst called the bottom of the market using well established TA.

When the price reached the target, the analyst confidently stated that this was the bottom, as per analysis.

That’s bullshit, cried the ex trader, picked up the phone and instructed someone on the floor dump a large amount of stock in the market, the price slid a further 5%.

😁

Thanks for the post! And let’s hope the bulls are feeling feisty!