Bear market rallies are meant to be sold to raise cash

Todays action is a great example as to what happens in bear markets. Feel good rallies get sold off. You would be shocked as to how many traders get destroyed by getting sucked in. Big money funds are now in “ preservation mode “.

 

right, plus with inflation, people sell stocks for living $

 

We may look back at this and say “ remember when there were 30 stocks trading over $1000 per share. Remember when stocks would go up 50-100 points in a week”.
XYZ stock says they have a new battey that GM may use in an electric vehicle. Bamm,,, up 20 points in a week. Hey, it was fun while it lasted.

 

How many?

 

Well, he certainly did ( see NY HOOD posting history ).

 

Counting you… about a million and one.

 

The market is oversold and poised for a rally. Reason? Well my barber just started to talk about a crash

 

Microsoft just sold a sht load to Blizzard ATH...eager to trade shares that wont be worth nearly as much in just a few months for games that still will be.