I think she is trying to say there are too many cheerleaders still and you only see capitulation when most people are angry. That isn't the case here.
From my perspective, when a stock falls from $30 to $16 in a one day drop, that is capitulation. But, if it falls 5% at a time that is quite different; that is more of market sentiment settling in and people realizing the fact. Before April and May, I don't think you had people predicting China would slow down as it has. I don't think the entire commodities market collapse was predicted by anyone.
Dude, now I know why you are so angry....you thought you made a smart buy and bragged about it but now you are getting killed and everyone realizes how stupid you are:
Reply to I just went long at 17.62 by budicecream •May 29, 2013 12:22 PM
budicecream • May 29, 2013 12:31 PM
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I like to buy in Tranches .. 1st Tranche at 18.53; 2nd T @ 17.62 3rd T will be at 16.50 then done = 10k per Tranche. = 30K total shares.