Technical_Analysis_page_120

Technical | Analysis page 120 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 7 Sentiment 91 Thus, when the crowd has become extraordinarily bullish, a dearth of demand exists. The nonprofessionals are loaded with stocks and are cash-poor, while the pro- fessionals are liquid, but in no frame to buy. Demand is saturated, and even minor increases in supply will cause…