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NikoBrodsky
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#MarketPullback What is a "market pullback"? Let me explain it in the simplest way possible.
Imagine you're selling potatoes 🥔 in your town. Every day the price is right and business is going well.
One day, someone starts spreading a big rumor:
"There's going to be a French Fry Festival 🍟 where people can win prizes for making the best French fries!"
Upon hearing this, everyone rushes to buy potatoes. Prices go up because there's more demand and fewer potatoes.
Market Pullback
Now, sellers from nearby towns, hearing about the high prices, bring in more potatoes to sell. With more potatoes on the market, prices drop again, by 25%.
This is a market pullback - a temporary drop due to new competition or supply.
Imagine you're selling potatoes 🥔 in your town. Every day the price is right and business is going well.
One day, someone starts spreading a big rumor:
"There's going to be a French Fry Festival 🍟 where people can win prizes for making the best French fries!"
Upon hearing this, everyone rushes to buy potatoes. Prices go up because there's more demand and fewer potatoes.
Market Pullback
Now, sellers from nearby towns, hearing about the high prices, bring in more potatoes to sell. With more potatoes on the market, prices drop again, by 25%.
This is a market pullback - a temporary drop due to new competition or supply.
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