Where did this originate? Who are they? Anyone know anything?
It's a term I made up to describe the tactics some one or group uses to maximize returns using loss aversion psychology. there has been a pattern that has repeated five times now in the last fourteen months:
1) crash/bounce
2) stutter step
3) spike/short squeeze
4) second bounce at much higher level
thennnn....crash, bounce, rinse and repeat.
We are getting close to the short squeeze.