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Period: to
Nick Nolan
Timeline -
Start
The Crash starts to see light when the market is weak -
This causes many people to sell, creates cheap stocks
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Many people jump at the chance to buy these cheap stocks, so prices go up
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Now, the stock market begins to stabalize
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At the peak of the Bull market, many companies go public with their stocks. The investors that bought when they were cheap, begin to sell
GREED -
People feel that the market will continue to go up so they start investing all of their money for a later profit
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Once the mutual funds and individual stocks are bought up, the market becomes OVERBOUGHT
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Now the stock can only go down, negative reports arise
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The worse the news, the faster the market will decline
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The news makes investors start to sell, this expands rapidly
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Then there are more sellers than buyers and the market bottoms out :(
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THE END
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The "dates" are irrelevant. I just couldn't take them out
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