Michael Oliver desribes "arm wrestling to the bottom."
You don't announce the bear market.
You let 'em think it's just a pullback.
And then you give 'em a rally.
But the rally doesn't make a new high and then you have another sell-off.
And then, you know, nine months after the high, suddenly you're 20% off the high.
And people are wondering, "What happened?"
Ambush 'em that way, rather than with a crash.
Because crashes usually don't begin bear markets.
Take a good long look at the behavior of ANKR.
Bets on .07?
You don't announce the bear market.
You let 'em think it's just a pullback.
And then you give 'em a rally.
But the rally doesn't make a new high and then you have another sell-off.
And then, you know, nine months after the high, suddenly you're 20% off the high.
And people are wondering, "What happened?"
Ambush 'em that way, rather than with a crash.
Because crashes usually don't begin bear markets.
Take a good long look at the behavior of ANKR.
Bets on .07?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.