Short sighted flippers’ impact is lessening. The intensity of selling today was easier to digest than it has been in the past. I think flippers need to face the fact that it is a lot harder for them to get things right than they admit. This I believe has made some of them stop trying. In the end, longs will gain the large rewards.
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.