Therefore I was stating that over the coming months and maybe in a years time - it will be substantially harder to make money at the lower end as there will be no decent cheap players as the odd good ones will already have been identified and bought - spreads will be too wide for many IPD flips and no new cheap players will be added as they are being IPO at significantly higher prices. So for the vast majority of traders wanting to make good long term profits we will have to accept a different world where the majority of players are accurately valued.
I agree with nearly all you have stated and you make a strong reasoned argument.
But.... too suggest that in a market that is constantly evolving with new players coming in, older players declining, loss of form, return from injury, sudden upturn in form, move to a PB club that there will less opportunity is something I cant agree with. There will always be opportunities to pick up players at a cheaper price than the established stars and I cant see how that would ever change. Yes it will not be as easy as it has been but there will always be players that will have significant rises otherwise whats the point.
The gambler in all of us must believe that or the index will quickly cease to exist.
If you do not believe that to be the case then I am not sure how you intend to make any sort of return on your investment.
I agree with nearly all you stated but cant agree on this point.
Good luck with your strategy