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re: Is October when the bottom falls out of the market?
Posted on 9/30/22 at 6:17 am to Thundercles
Posted on 9/30/22 at 6:17 am to Thundercles
The big flush hasn’t happened yet, and it will, so maybe. Whipsawing it on the way down to suck up buy orders, break trailing stops, minimize options damage and control the panic. This has got a 2008 or worse feel to it and with global macro rightfully so, gonna get nasty methinks and people’s resolve will be tested in more ways than one.
1
Posted on 10/1/22 at 11:16 am to DTRooster
I don't have confidence in bulls turning it around with the lack of liquidity. I have more confidence in bears getting too aggressive at bad prices turning us around, but I don't know if we're there yet, they are quieter this time around. It seems there's enough liquidity for counterpunching overconfidence on both sides, but that's about it.
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