Today's Scooby Doo Open Marks Emotional Extremes Thursday, January 26, 2012 by David Grandey of All About Trends

 

 

 

Let's talk about today's RUT ROH SHAGGY! open.

 

At the open today we're sure there were a lot of folks who were not in the market going RUT ROH the market is taking off without me! I better get in!.

 

Then there were the people who are short the market saying RUT ROH! I'm short and the market is taking off I better get out before I get taken to the cleaners!

 

What do each of these have in common?  FEAR!  Plain and simple FEAR.

 

To those not long looking to get in?  It was all about FEAR of missing it AFTER they already missed it.

 

To those short wanting to get out?  It was all about FEAR of losing more AFTER the market already made a run.

 

So what else do they BOTH have in common?  Simple, its called EMOTIONAL EXTREMES and more often than not they mark key turning points.

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Recent articles from this author

• Don't Let Fear Keep You From Making Great Trades - Thursday, April 26, 2012
• Here We Go! - Thursday, April 19, 2012
• When AAPL Sneezes The Whole Market Catches A Cold - Monday, April 16, 2012
• Why We Don't Use The 7-8% Stop Loss Rule - Friday, March 30, 2012
• Market Higher Or Lower? Does It Really Matter? - Thursday, March 08, 2012

About the author

All About Trends is a subscription based newsletter service focused on helping individuals secure consistent profits in the market by trading what they see, not what they think, hear or fear.

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David Grandey is the founder of All About Trends, an email newsletter service revealing stocks in ideal set-ups offering potential significant short-term gains.  A successful canslim-based stock market investor for the past 15 years, he has worked for Meriwest Credit Union and Silicon Valley Bank, helping to establish brand awareness and credibility through feature editorial coverage in leading national and local news media.