Speculative excesses will not be wrung out of the market until people are 'disgusted' and capitulate; market bottoms occur when investor sentiment hits extreme despair, not when technical levels are reached, and current conditions show investors are far from that psychological state.
causalpending
Speaker
Ted OakleyEvidence Quote
“all of those speculative excesses will have to be run out of the market until you get to a point where people are just basically disgusted that's when you get a low and you think we're nowhere close to people being disgusted now I don't think so I think it's a I think it's a way and you've got it longer to go”
Created: 8/10/2026, 11:14:48 PM
My Notes
Loading notes...