No visual on file
Market Psychology
Entry #0973
Why the loudest optimist arrives after the largest move
Peak bullishness follows a big rally because the move itself creates the conviction, so the loudest calls to buy appear after most of the gain has already occurred.
Adept
The hidden part
#0973
The loudest bull arrives after the move, not before it. The rally creates the conviction, and the conviction recruits the last buyers.