RE: Wrung dry.......15 Jan 2026 12:20
SmTch
If I may answer your question,
My definition of a weak holder is someone who has come in for "a punt", the S P. stalls through consolidation, which is what is happening right now, they don't have the patience to stay more than 24 hrs and sell up. These people end up losing EVERY time.
Profit takers more difficult to define, could be someone who has been here a long time and now sitting on a big gain, could be someone who got in early or someone who bought last week and has decided as its not moving up it's time to take gains while they are up.
So no they are not the same type of person, profit takers are much smarter than weak holders, IMHO.