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The whole premise of my post (2-days ago), was that amateurs were getting 'gamed' (i.e., played for suckers).
Given the tariffs, geo-politics (read Greenland), lingering inflation, job cuts -- & overall uncertainty -- it was a NO-BRAINER that the markets would go down. I suspect they will go down again, next week, IF/WHEN the tariffs come into play (though 'Trump' could, always, have another change of mind).
There were NO REASONS, whatsoever, for the markets to go up Monday & Tuesday of this week. That was just meant to sucker amateurs into buying -- so that professionals could sell into that.
Even today the professionals are urging folks to buy the dip. By & large I agree with buying the dip, if you know the stock is close to a bottom. I don't think we are there as yet. Yes, I am fairly sure the markets will be up within the year. So, yes, even if you buy now, you should be good in a year (or so). But, you might not have got the best deal. That is my point about the dip -- but market timing is impossible.
I just believe that NEXT WEEK will be a PIVOTAL week for stock -- with Trump's 'Liberation Day'. I just wouldn't do anything until we see how that pans out -- OTHER THAN PLAY OPTIONS. Now that is a whole different matters. This is a great market for option trading. 😇 But, you knew that ... right?
😇
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