Courtesy of David at All About Trends
Does everyone know what a capitulation sell off looks like? That’s where you get those wicked spikes down AFTER you’ve been falling for a period of time. Know what the flip side to that is? CLIMAX RUNS. We bring this up because if you look at SLV and SLW that is exactly what you are seeing.
Ever hear of the greater fool theory? Well you are looking at it in action right here. The guy who bought yesterday sells it to the guy who bought today and so on till? Someone becomes the biggest LOSER, errrr fool. If you own any of these names? Please don’t become the greatest fool.
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