RE: Horizontal weekend!25 Oct 2019 15:18
TrollHunter2...no naivety here i am fully aware of the term, and the context in which you and many other posters use it....· Herd... in finance is the phenomenon where investors follow what they perceive other investors are doing rather than their own analysis. Herd instinct has a history of starting large, unfounded market rallies and sell-offs that are often based on a lack of fundamental support to justify either.I would prefer to wait for some good numbers from the horizontal drill and in turn create a steady uplift in the sp where well researched investors that have been sitting on the sidelines join in.Some prefer to try and whip up a frenzy of positive,maybe, should, hopefully, could, probably, in an effort to encourage new investors to jump in quickly, whilst they them selves have full intentions of selling on any spike.Not saying that’s you, but explaining my distaste for the term, however widely it is used in the stock markets.