$SAGA The book says that the market maker pushes the price up to a high level, but at high levels, they can only sell a small amount of stock (nobody wants to buy at such high prices). The real place where large sales can happen is at the neckline, the waist, and near the bottom, which are the areas retail investors love to buy. So, are the bagholders still foolishly buying there? Are the market makers just reckless spenders?