Camomille: most money made on the recovery

A systematic strategy can avoid complexity and offer transparency and understanding if it follows observable behavioural concepts according to Camomille

When attempting to explain and understand why markets sell off, it becomes apparent that, although easily observed and explained after the event, market sell-offs are almost impossible to predict.

Didier Sornette (Why Stock Markets Crash) echoes this when he writes that bubbles do not burst because of the significance of a single event, but rather because market participants have become “irrationally exuberant” and, as such, market conditions have developed unsustainably. When the bubble finally