WASH RINSE REPEAT

Without fail dumb money just repeats the same mistakes over and over. At bottoms their emotions convince them that price can never go up, so they sell. At tops their emotions convince them that price can never go down, so they buy.

At bottoms people cancel their subscription because they get frustrated or the move doesn’t happen quick enough for them. At tops I see huge inflows of new subscribers after the move has already happened and it’s too late.

Seriously people the time to buy, and or buy a subscription to the SMT is when the weekly charts are oversold, not when they are overbought. Short of beating people over the head with a hammer what must I do to change your behavior? How many times must you make this same mistake over and over before you learn and move into the smart money category?