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Message: Trends are Evidence of Fear Selling

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Trends are Evidence of Fear Selling

posted on Oct 07, 09 12:49PM

Junior exploration companies are the first to find support and display signs of recovery, but unfortunately they are the first to see fear selling also.

Last year, today was one of THE worst days on the TSX, I remember something like a drop of nearly 500 points. Certain news reports have left investors jittery and we see market volality. Memories of fortunes lost are at work here.

No expert on earth can agree on where the market is going. I know my holdings are good. My entry points have been carefully calculated. Thus I will not follow the herd.

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