Financial Mail

Talking echnicals

- GARTH MACKENZIE www.traderscor­ner.co.za

mania first carries out those that bet against it, and then those that bet with it.”

The recent market rally has humbled stock market greats like Warren Buffett, Stan Druckenmil­ler and Carl Icahn, among many others. An increasing number of inexperien­ced players are betting with the surge in stock prices despite the deteriorat­ing internal fundamenta­ls.

It may be an idea to keep that quote from Jim Rogers in the back of your mind.

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