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The negative analyst, when he sees the market dropping...
pulls you with him into the same mood.
Every day he gives you a lower target than the day before.
Yesterday he was talking about the nineties...
Today it's the eighties...
And tomorrow he'll come to you with the seventies, as if he's enjoying drawing the worst possible scenario.
This is not analysis...
This is an emotional rush of victory.
The feeling of "being right" feeds the negativity inside him
and makes him go even further...
In the end, you're the one who pays the price for this psychological atmosphere, not him.