The pros are getting ready for a market crash — retail investors, not so much, top economist warns

derektrader said:
The further this market goes up, the harder it will fall.
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Eventually, all things come to an end. It cuts both ways. Very few stocks shoot up like rockets every single day. Those that do, crash just as fast in the coming days. Pullbacks, including deep pullbacks are normal reactions in the stockmarket. Panic, serves no one.
 
Millionaire said:
I followed your advice this morning and now i have blown up my account :vomit:
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;D
 
themickey said:
Marketwatch I read as it's a quick link to seeing how some indexes have performed.
Other than that, journalistic content is absolutely rubbish.
I glance at marketwatch daily for the last several years, they constantly sit on both sides of the fence with positive and negative commentary, so they are never portrayed as wrong, and always hindsiight analysis, screaming bearish after a pullback, scream bullish after a run up.
Marketwatch is pure trash for any original thinking imo.
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Is this ‘the beginning of the end?’ Billionaire Bill Ackman shares his thoughts on the big market retreat
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Millionaire said:
I followed your advice this morning and now i have blown up my account :vomit:
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You mean the whole $19.03?

When I say the pros buy more, that means they add to their already winning positions. Did you have a winning position to begin with?

These sudden counter trend moves are usually put in place to shake out the weak hands...
 
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