no one believes the trend has changed. It's psychology because when those who are behind the stock market, manipulating it, go on making it drop 2% or 3% daily for a few months, retail investors' psychology will remain conditioned for a long long time, so that when the bottom is in, who will believe it is ? No one. At that point the stock market starts to rise little by little every day and every time it takes a dip, amateurs will think the bear is resuming and will take a short position. I was myself like that a few years ago, that's why I know very well how it works out.
Edited by andr99, 25 October 2022 - 03:08 PM.