Low can be lower.
Oversold can remain oversold long enough that we are already broke!
I have paid for this expensive lesson in 2008 to believe in the reliability of Oversold indicator. The real low did come 4 months later in Mar 2009 after I gave up in 1 Nov 2008; by then I was almost broke!
Blame??? Pocket not deep enough???
Same as the failure of Long Term Capital. Pocket not deep enough??? Who has???
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