“The public, as a whole, buys at the wrong time and sells at the wrong time. The average operator, when he sees two or three points profit, takes it; but, if a stock goes against him two or three points, he holds on waiting for the price to recover, with oftentimes, the result of seeing a loss of two or three points run into a loss of ten points.” IfsTwoWholeRunningThreeWaitingLossResultsSeeingTenSellsAverageProfitWrong TimeOperators Book:Dow Theory Unplugged: Charles Dow's Original Editorials & Their Relevance Today Source: Dow Theory Unplugged: Charles Dow's Original Editorials & Their Relevance Today
“In most bull markets there comes a time when the public controls fluctuations and the efforts of the largest operators are insufficient to check the rising tide.” EffortInvestingChecksRisingTidesBullsInsufficientThere Comes A TimeOperatorsFluctuationBull Markets Author:Charles Dow
