Oversold bounce
Let’s see how far and how high this could go. We are far from being bullish. Still remain the view of short the pop and sell the rip.
Meanwhile, a lot of people said 75 basis points have been priced in, high inflation has been priced in, and some even said the market is pricing in recession now. But guess what, there could still be things that are not priced in.
The scary thing is, you don’t know what you don’t know. That’s the issue that many investors faced. When you thought the market has priced in whatever you know, something you never expect can always happen.
Meanwhile, a lot of people said 75 basis points have been priced in, high inflation has been priced in, and some even said the market is pricing in recession now. But guess what, there could still be things that are not priced in.
The scary thing is, you don’t know what you don’t know. That’s the issue that many investors faced. When you thought the market has priced in whatever you know, something you never expect can always happen.
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TeslaSmurf : There’s a lot that is not priced in BUT, what is not priced, is because it can’t be foreseen. One is FEAR and irrational reactions.
Cow Moo-neyOP TeslaSmurf: On point!
Skyzero : As long there is something we use $ to exchange $,there is a risk.(Gambling).Sometime snow,sometime thunder storm,sometime sunshine.We only need to aware when to open our umbrella in our hand.
Cow Moo-neyOP Skyzero: That’s right. It’s not about avoiding risk, it’s about managing it
456632345 TeslaSmurf: Very well said
Durian Crust : Gone case brother
BeBlessed : Finally opened a short near intraday low.. e position not close yet. Hehe
BeBlessed BeBlessed: *intraday high
Cow Moo-neyOP BeBlessed: Oh that’s nice. Huge dip during intraday
BeBlessed Cow Moo-neyOP: thinking how low can it go though.. like a relief rally is anytime gg to happen..
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