12 Notes on the Current Market Situation [View article]
As much as I must grudgingly admit, listening to Cetin made me money today. Since march I thought bear market rally, in april I thought ok bear market rally and now its time to go long SDS. In may, I jettisoned that position and went long BGU. While I'm not as confident as cetin is that there is no where to go but up I'm going to play this one with tight stop limits all the way up to wherever it goes.
I don't see much in this article to support why the market will go up 20%. Will it go up 20% just because it went down 50%? I see nothing in this analysis other than wishful thinking. Give me something to chew on
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