Tuesday, June 7, 2011

Psychology of the Stock Market

I have added a Favorite Books section on the right which include some free books available over the internet.  One that I have enjoyed reading is Psychology of the Stock Market, a little known gem written in 1912.  It is interesting that some of the best books on trading were written in the early 1900s.  Speculation is as old as the hills.  Human nature never changes. 

I missed today's earlier bounce, but as I am writing, it is already fading badly.  I admit that many are bearish, but there is very little short interest out there and longs seem to be waiting for a bounce to get out.  They still haven't gotten one yet in June.

1 comment:

Anonymous said...

Big fade on a Bernanke speech another change in the nature of this mkt...