It may often profit the wisest to anticipate mob psychology rather than the real trend of events, and to ape unreason proleptically … (The object of speculators) is to re-sell to the mob after a few weeks or at most a few months. It is natural, therefore, that they should be influenced by the cost of borrowing, and still more by their expectations on the basis of past experience of the trend of mob psychology.Lars P. Syll's Blog
Keynes on speculators taking advantage of mob psychology
quoting J. M. Keynes
Bingo. It's "go with the mo-mo" (trend momentum). Keynes was a trader in addition to be a mathematician that focused on economics.
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