“When you love blindly, even flaws seem like virtues.” → When you deeply like or love someone, you may ignore their weaknesses. Their mistakes or shortcomings may even appear charming, acceptable, or even “good” to you. For example, if someone is stubborn, you might call it “determined” because you love them.
“When your dislike is intense, even virtues seem like flaws.” → On the other hand, if you dislike someone, even their positive qualities can appear negative. For instance, if someone is confident, you might see them as arrogant—simply because your attitude toward them is negative.
“Mend Your Attitude” → The key message is that it’s not always the person who is truly good or bad—it’s often our own perspective that is biased. By adjusting your attitude (removing the “blinding” effects of love or dislike), you can see people more clearly and fairly.
This is usually bullish confirmation. It means buyers are enthusiastic — more people are jumping in at higher prices. It suggests strength and that the uptrend might continue. Think of it as “momentum with conviction.”
Now that’s bearish confirmation. Sellers are active, and the drop isn’t casual; it’s driven by genuine selling pressure. Often, it signals that investors are exiting positions decisively — a possible start (or continuation) of a downtrend.
This one’s tricky. It can mean the price is rising, but without much enthusiasm. Basically, the rally’s running on fumes — a weak uptrend or a short-term bounce. Traders often get cautious here.
This usually signals a pause rather than panic. Sellers aren’t pushing too hard, so it may just be consolidation or a mild correction before the next move.
If you imagine volume as the “energy” behind the price, then high volume means strong conviction — and low volume means hesitation or uncertainty. Would you like me to show you how to spot these patterns on a stock chart (with examples from your own portfolio)? It’s much clearer when you see them play out visually.
This usually confirms the strength of the trend.
Be prepared to invest in a down market and to "get out" in a soaring market, as per the philosophy of Warren Buffett.