As long as PM is seen as a safety net it will always be a temporary run to hedge. As soon as the trouble is over they will sell knowing the consequences if they don’t for some and others just disgard it, as seen as a place to park their money until it’s safe to come back out.
You can’t even always depend on patterns from the previous year without looking at its catylists first. It’s just not something you can buy and forget about. Most of us know that and why we are selling into buying. My conscious will sell early at a previewed target than sell to someone at the previewed very top and not let the buyer have any room to save themselves. I’m guessing that some are just Day traders or near Day traders not holding very long.
Buygold
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