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ZBB Energy Corporation Message Board

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  • wtblanch5 wtblanch5 Sep 23, 2011 4:39 PM Flag

    404,000 traded today

    The psychology I've heard is that people tend to sell their winners, not their losers. Hence the breath taking downdraft in Gold and Silver (how's that "safe haven" working for ya?) today (though it's made worse by the ETFs being in a vicious downward feedback cycle ... as the price drops they are forced to dump even more on the market)

    But I heard somebody being interviewed on CNBC this afternoon in fact saying that even the professionals are more apt to sell their winners than their losers.

 
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