Loading ...Ha-ha, Buygold your post reminded me of an expression that I heard many years ago regarding financial market sentiment.
It goes something like this: “for a BEAR market to change into a BULL market, it is necessary that the last remaining Bull to throw in the towel and give up”.
When one thinks about it, it makes sense – when the LAST true believer gives up – the only direction it can go is up.
I doubt there are many more “true believers” anywhere than there are on this forum. This “correction” from January’s high has taken a brutal a psychological toll.
Speaking for myself, I have given up trying to trade or impose any sort of my logic to this PM market – I will stick with what I have and ride it out to the end.
I hope that counts as “giving up” and the bottom has been confirmed😊