LogFAQs > #950076070

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TopicStock Topic 18
CoolCly
01/29/21 11:49:50 PM
#34:


red sox 777 posted...
Everyone should be careful, unless you've already cashed out a lot. If you are a true visionary and haven't cashed out yet you probably have quite a lot of money at stake in which case you should be even more careful I think. Sure, if it crashes to $20 you still have a big profit....but you forewent a much bigger one.

What I'm looking for more than price is volume. Volume paired with a downward movement would be the telltale sign of long stockholders capitulating. If you look at the chart for the last week, it hasn't happened once yet. High volume has been correlated with rises, and low volume with declines.


This is probably good logic, I wonder how much time there will be to act when this is noticeable.

You're right that people stand a lot to lose from the gains they've made, but I think losing an unrealized gain because of missing the chance to sell will feel way less bad to people than losing their principal. I was clenching so tight the other day when WSB went private and I hadn't recovered my principal yet, but now that I got enough out, even though I have $11k of value still in I won't feel *too* bad if I miss the timing now. Worst case is just that It'll just be as if this whole thing didn't happen.

I just want the people who jumped into this with the hype and have rockets and moons in their eyes to clear their head a bit. (I'm looking at you, ExTha)

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