We've seen the bottom, up from here

Andre$ said:
Down to 20 EMA and some on Monthly candles before a new top.
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Yeah, I remember that language way back when I owned this.
car-exhaust-fumes.jpg
 
themickey said:
I only sold a couple of stocks recently and those I would have sold anyway, as they were running too hard. Other than that I haven't sold, rather I have been snapping up bargains

Best reward to risk is at bottoms, not later because initial moves are usually strongest % wise.

How the asx behaved today.
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Risk and reward come with probability. If you see something that gives you high probability of a bottom then I trust you have done your due diligence. I don't see it myself yet...
 
Millionaire said:
The game has changed.

The Fed is no longer pumping the markets.

Instead of 'Buy the dip' the new mantra is 'Sell the rallies'

When the Fed starts pumping again that will be the time to buy.

But you can still try and play the dead cat bounces if you really want to..
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I noticed on several Meme stocks the window to profit long is quick and than the Shorts take over. One of the private RH threads had “In Memoriam” for their Robinhood accounts. Saw a $1.3million account with a $980,000 loss. How come he let his options implode?
Sorry about typos, two hours of sleep in two days.
 
The Stockmarket has not crashed yet, so how can there be a bottom? Deep corrections and pullbacks do not make for a stockmarket crash. It will come at some point I am sure. We are not there yet. Not even close.
 
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