RE:RE:Market Sentiments...BudFoxx2020 wrote: Just like I predicted. Remember clowns like stupidee and montturd were telling me I was wrong. Lololololol. Too many clowns. BudFoxx2020 - (12/2/2021 9:20:03 AM) Market Sentiments... Not about WELL, just my point of view in general about the markets. We are in the beginning stage of a BEAR market. Yesterday DOW reversed a 400 points gain to close down 450 points, a swing of 850+ to the downside. Every single ticker I was following was red with huge volume. The smart money was dumping everything at the bid, they know, which tells me an interest rate hike is imminent along with tapering. Anyways, my point is be careful and protect your gains if anyone still have them in any investment. We were in a 12 year bull market, it will only take weeks or months to wipe everything out. Like I keep saying, the markets are not the same as the 90s, we are in the internet age where the markets just moves too fast. Don't be that fool that rides the BEAR market all the way down, then have to wait 10 years just to break EVEN. This is 99% of the people that invest in the stock markets. Hyper inflation, Omicron, China's housing collapse, new lockdown, Feds tapering, interest rate, etc. The MARKETS are always right. All the signals are there telling you and warning you. Yet people can not see it until its too late. There is no bottom in a bear market, everything gets slaughtered. Anyways, I hate to sound so negative but I always call it as I see it. I have been through 2 bear markets (2000, 2008) and have paid dearly for them and learned a very valuable lesson. Anyways, good luck all and be very dilligent. Do not buy or average down in a bear market. This is not tax loss selling, this is smart money liquidating the whole markets under the guise of tax loss selling. Cheers all.
Of course we're in a bear.......doubt to many would argue that. This sector has had the cr^p kicked out of it already. Can it go down more ? Sure. But I'm willing to bet this stock is alot closer to a bottom than a top. Some of the other sectors however ?........ I might be a little more nervous to start buying or adding to yet.