Weakness In This Stock Defies Logic

One of the most common mistakes made by traders and investors
is the assumption that the market that they are in is logical. They
think that, with all the money at stake and all the high-powered
minds devoted to trading, the price of anything must reflects a
sober consideration of all factors. In reality, markets are more
mob rule than collective wisdom, and group think exaggerates faults
as much as it reflects analysis. Traders quickly learn that, and
two things then become apparent. The first is that there is no
point in opposing an illogical…

One of the most common mistakes made by traders and investors
is the assumption that the market that they are in is logical. They
think that, with all the money at stake and all the high-powered
minds devoted to trading, the price of anything must reflects a
sober consideration of all factors. In reality, markets are more
mob rule than collective wisdom, and group think exaggerates faults
as much as it reflects analysis. Traders quickly learn that, and
two things then become apparent. The first is that there is no
point in opposing an illogical…