Explain what thomas means by whipsaws and describe the type, Finance Basics

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Explain what thomas means by whipsaws and describe the type

a. Thomas warns Sophia that her strategy can easily lead to whipsaws. Explain what Thomas means by whipsaws, and describe the type of market in which whipsaws are most likely to occur.

b. If Sophia is concerned about whipsaws, how might she use envelopes or bands to minimize the likelihood of whipsaws?

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