That is so true and well known with professional traders. It’s a self fulfilling prophecy. It will affect stocks in any sector no matter how profitable because of it. It doesn’t matter a persons personal opinion if it’s wrong or right rich or poor good or bad it’s what the majority of traders perceive it to be. This is the same thing that drives manipulation as in window dressings before earnings or panic selling when no fund manager wants to be the last man holding. Standing on principles or marrying stocks you will only lose your money and ability to make more.
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