Premarket looking red
Rally didn’t last? Or is this a bear trap for the week?
Am still of the view that the overall trend is bearish, though I can’t be sure if this is a true bear market.
If a bear market were to hit us, no company will be spared. The major companies have to go down before we see the bottom.
Not saying capitulation will happen, just saying be mentally prepared for more bloods; and don’t be too alarmed by it. Stay cautious, invest what you can afford to lose, and don’t over trade. Good luck!
Am still of the view that the overall trend is bearish, though I can’t be sure if this is a true bear market.
If a bear market were to hit us, no company will be spared. The major companies have to go down before we see the bottom.
Not saying capitulation will happen, just saying be mentally prepared for more bloods; and don’t be too alarmed by it. Stay cautious, invest what you can afford to lose, and don’t over trade. Good luck!
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TeslaSmurf : Naaah… they are just trying to get the retailers last money, as usual. There is, of course, a trend but, on that general sentiment, the “rulers” of the market make their strategies (careless of the 50$ more or less) which, of course, is to get our money. Last year there was the government’s laser-printed money that was enough for everyone but now, with the Fed’s tightening they have to look elsewhere… They won’t get mine, that’s sure.
Cow Moo-neyOP TeslaSmurf: Massive transfer of wealth going on right now
Jobertson : Vxx seems to be heading back down..