Stage 1 Consolidation - ambiguity ) --------- the market is mostly unnoticed and underappreciated by the public Smart Money begins to nibble up the supply
Stage 2 Opportunity -------- The Smart Money Aggressively Place Buy Order
Late Stage 2 Fear of Missed -- Opportunity Greed -- ---------- They Hard Finally Buy's - To Near The Top The Smart Money Take's Some Profit
Stage 3 ---------- The Hard Stampedes into market While The Smart Money Takes Profit The Market Moves Down and Up in Erratic Rising Uncertainty
Stage 4 ----------- The Smart Money liquidates and inflated short positions the herd thinks The Market Is Cheep and Buys
Late Stage 4 ------------ The Herd Finally Gives Up and Sells The Smart Money Covers Their Short Positions By Buying into the hoard's Selling
Stage 1 Consolidation - apathy ) ---------- the herd has forgot about the market , The Smart Money merely watches and waits for the next Opportunity in this market