If this bounce fails, I fear a major decline will begin. A major top may be forming…..
Share this:
- Click to email a link to a friend (Opens in new window) Email
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on X (Opens in new window) X
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to print (Opens in new window) Print
- More
- Click to share on Pocket (Opens in new window) Pocket
- Click to share on Pinterest (Opens in new window) Pinterest
- Click to share on Tumblr (Opens in new window) Tumblr
- Click to share on Reddit (Opens in new window) Reddit
- Click to share on Telegram (Opens in new window) Telegram
- Click to share on WhatsApp (Opens in new window) WhatsApp
If this is the beginning of a major market decline, how will we know when it’s time to go long again? Don’t want to miss the boat if we bounce hard off of a low. Question is, what will the low be?
No one knows where the bottom is in advance. One does not have to get back in at the bottom. If one reenters near or below where they exited, they have come out ahead.
If the decline continues, at what point you’d consider going long in SQQQ?