Barry Parker Commentaries
Mar 16, 2015
Click here to access Wags, rags and Recency bias
It’s been too painful to write anything about drybulk over the past few weeks- but maybe all the pain and “left for dead” sentiments are serving as a contra-indicator. The subject of market psychology, with tinges of behavioral economics, is full of examples where prices of particular stocks, or commodities, took a bounce off a bottom and then kept moving higher, albeit in extremely volatile setting with steadily higher lows along a chart.