- The FED is going to pivot - 30% is enough for a bear market - Market makers are losing money, they must buy now - Go long now! - Enough is enough, this market cannot go down forever - Buy crypto and you are safe! Pick your excuse if you catch the falling knife, there are more knifes coming in if you don't like this one. Mohamed El-Erian: "The Fed will only pivot if a market accident occurs" It is going to get bloody
Not interested. The term catching falling knife only applies to investors. Traders are not interested in the term knives. Because We trade with trends. Only investors and OP are interested in the term knives
%% Good points\ but XLK is only down 28% ''MO'' does not really know, no man can predict the market. Mo mentum indicator seldom means much also/ I have no ,mo indicator on my charts
You do realize that while the market continues to fall that Bitcoin is still supported by the 20k level right? That means its still doing and will continue to do better than traditional stocks. Let that sink in for a minute ...
Uhhh?? You do realize that BTC has lost 66% of its value in the last 12 months compare to 25% for the S&P.
falling knife catching is fine with metal gloves aka super wide stop or average in with fraction of normal size. covid crash knife catching worked fantastic
Check typical growth stock please Median stock is down 45%. 48% in average. Tech stonks are down 55% in average.