Kosta Ouzas explains a trading strategy: buy inventory when sellers are forced to liquidate at wholesale prices, then sell to retail buyers at a markup. After major displacements in May and July, he's shifted from accumulating to selling, and will stay confident until price reverses.
They're selling wholesale, forced to sell. And you have a large party of trapped, unwilling buyers at retail prices. So you buy low wholesale, and you sell above fair market value at higher prices. So that's where we're going. So here's what makes me sleep good at night. We're in the process right here. We flipped, and we move from this side of the equation from accumulating inventory to selling off that inventory. So we had a major impulse here, displacement here. That was on May. We had a second major displacement on July. That's the second impulse. And we have not finished. So you won't see me get nervous until we go this direction. So we only go. You can't go in two directions at the same time. So there's more inventory or more buyers of that inventory that are already in position up here.
