Technical_Analysis_page_158

Technical | Analysis page 158 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 7 Sentiment 129 and periods of extreme pessimism, when crashes or panics occur. The uninformed market play- ers tend to be most optimistic as the market reaches a peak. These same individuals tend to be most pessimistic when the market is at its lowest point in a downturn. In other words,…