An interesting piece of insight was offered to me on this
perspective of how to pick a top . The market this year was likened
to that of 1987, which was refusing to fall all year, and when it
did fall, it collapsed without much warning. The thing to watch
after a drop is an initial reaction or rebound. Today a rebound is
strong. When a rebound is weak and a path of least resistance is to
the downside, then watch out below!
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An interesting piece of insight
I'm trying to keep in mind that bear markets are ...
Posted by junkie on 27th of Apr 2023 at 02:25 pm
An interesting piece of insight was offered to me on this perspective of how to pick a top . The market this year was likened to that of 1987, which was refusing to fall all year, and when it did fall, it collapsed without much warning. The thing to watch after a drop is an initial reaction or rebound. Today a rebound is strong. When a rebound is weak and a path of least resistance is to the downside, then watch out below!