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One of my favorite patterns is the tendency for the markets to move from relative lows to relative highs and vice versa every two to four days. This pattern is a function of human behavior. It takes several days of a market rallying before it looks really good. That’s when everyone wants to buy it, and that’s the time when the professionals, like myself, are selling. Conversely, when the market has been down for a few days, and everyone is bearish, that’s the time I like to be buying.
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Honore de Balzac
There are no little events with the heart. It magnifies everything; it places in the same scales the fall of an empire of fourteen years and the dropping of a woman's glove, and almost always the glove weighs more than the empire.
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