In a bull market the trend of prices, of course,…

In a bull market the trend of prices, of course, is decidedly and definitely upward. Therefore whenever a stock goes against the general trend you are justified in assuming that there is something wrong with that particular stock.

Sourced, Trends in stock markets

Jesse Lauriston Livermore

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These guys believe that a 350 billion dollar tax cut will stimulate the economy, and they are full of shit. Because they don’t know what stimulates the economy. The economy goes up, it goes down, it goes up, it goes down, it goes up, it goes down, nobody knows why the fuck it happens. And I know this because I took economics, and I’d explain it to yea’… but I flunked that course. Not my fault. They taught it at 8 o’clock in the morning. And there is absolute nothing that you can learn out of one bloodshot eye. After I failed my second test, I grabbed my teacher by the front of the shirt and said “Are you *trying* to keep this shit a secret?” - View Quote Details on These guys believe that a 350 billion dollar tax cut…
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The trend is your friend! - View Quote Details on The trend is your friend!
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A trend is the correlating factor between a series of unrelated elements towards which a sizable amount of people are being sensitive at a certain point of time. - View Quote Details on A trend is the correlating factor between a series of…
Bane [Baldwin Bane, New York chief of the SEC] was being bedeviled by a promoter who wanted his approval to register stock in a gold mine. Every day, Bane, who smelled a rat, found a reason to turn away the promoter, always demanding more information. One day Bane, opening his mail, mistakenly read a telegram for the promoter from his partner out west. It read, “CANCEL REGISTRATION. HAVE FOUND GOLD.” - View Quote Details on Bane [Baldwin Bane, New York chief of the SEC] was…