Over the past few weeks I have noticed something interesting. A number of people I know are cancelling their subscriptions to various data and information feed as well as a few information related forums I know of. Their rationale is that they have grown tired of waiting for the market.
If I didnt know better we are about to see a transfer of wealth from the weak and impatient to the strong and the patient. Some price action theories suggest that at market bottoms people eventually lose patience and give up.