2 points Some investors sell their shares in NIKL after it has gone up after a long series of trading sessions. They do so because they erroneously believe that because of the strong of successive gains, the position is now much more likely to decline. Base-rate fallacy Gambler's fallacy Hot-hand view Cold-hand view When financial analysts predicted global recession and it occurred, many2 points pundits and analysts knew that they were right all along though recession can be easily spotted by anyone. This is an example of Confirmation bias Hindsight bias Self-attribution bias Availability bias