Quote from blackchip:
A quick look at the 2000/03 drop can give you some perspective on what could be happening in the "big picture" now.
There were several nice counter trend bull runs and people calling the bottom.
I'm sure lots of long term investors bought those bottoms and got crushed.
Possible. Or we see another 1991 or 1998 type squeeze that crushes all shorts. We will only know in hindsight.Quote from blackchip:
A quick look at the 2000/03 drop can give you some perspective on what could be happening in the "big picture" now.
There were several nice counter trend bull runs and people calling the bottom.
I'm sure lots of long term investors bought those bottoms and got crushed.