I do not panic buy and I certainly do not panic sell. Buy bearish and sell bullish - always. Price action trumps all but blood in the streets is cheap. Buy the fear, sell the greed, then bank the short.
Penn State Econ major~Scholar of Behavioral Finance & 30yr mkt trader~Proponent of the notion that psychology & emotion recurrently contest the efficient market hypothesis*DISCLAIMER:NEVER trade any security based on my opinions~Live Life~Smile Often
I am able to consistently place my positions between exponential business growth and everyone else. The corporate customers â€” day traders â€” fund managers and Wall St. All must contribute to my accounts....My ship is finally coming in.