>Given the harsh economic reality, I'm very bearish right now.
as am I.
I've more-or-less frozen my trading until a) a recovery plan is clear and being executed or b) until it is more clear we've hit a real bottom.
All these hopeful spikes that do not correlate to the economic reality are probably going to throw a lot of people through hoops until any real roof or floor is hit.
It sucks because I keep having these "buy the dip" moments, but then I have to hand-wave the opportunity away knowing that whatever dip i'm looking at is likely one of many upcoming movements.
as am I.
I've more-or-less frozen my trading until a) a recovery plan is clear and being executed or b) until it is more clear we've hit a real bottom.
All these hopeful spikes that do not correlate to the economic reality are probably going to throw a lot of people through hoops until any real roof or floor is hit.
It sucks because I keep having these "buy the dip" moments, but then I have to hand-wave the opportunity away knowing that whatever dip i'm looking at is likely one of many upcoming movements.