Tag Archives: Crowds

The Direction of the Crowd

We speak here of how the crowd seeks direc­tion. And we speak of seek­ing direc­tion when direc­tion is not appar­ent. When the mar­ket is in con­ges­tion, we know that direc­tion is uncer­tain. That is what con­ges­tion is, a weav­ing back and forth between upper and low­er lim­its, with the ulti­mate exit direc­tion from those lim­its […]