This is why idjits can't have nice things

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
89 0
Following on from my long rec on MtGoxBTC a few days ago, an illustration as to how numbskulls who are *in* things late, and for the wrong reason, bail out at extreme lows. I call it the "nuffie stampede" or a "lemming suicide mission".

Every trader needs to learn this lesson early... selling crescendos - especially when coupled with "knee-jerk" journalistic drivel - are signs of a BOTTOM, not of an impending bankruptcy.
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