on 'taking profits' ..

  1. dub
    29,553 Posts.
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    I'm constantly amused by the talking heads on TV and the i/net (particularly Yahoo finance) who consistantly refer to 'investors taking profits' when the DOW/NASDAQ/S&P500 fall(s).

    Might it not be true that some of the sellers are simply bailing out because they suspect that things are not all well in the land? Why is it that it's only 'investors taking profits'?

    Bit sus for mine.

    (ps. I actually "took some profits" on GTMO, but I then immediately reinvested in another stock option. But that's not quite the same as the situation the 'advisors' are speaking of,IMO)
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