Oh my this week has been absolutely incredible with large swings in both directions.
But what stocks really went down ? All of them ??? NO
Most of the ones that plunge were already totally overbought and this kind of correction was an absolute necessity allowing great dips for us the small investors to get in and continue to make some profits along the way.
It proves also that whenever we made some interesting profit we should always get some off the table to avoid having to start all over again.
Are those market swings over NO.
The week will continue to swing both ways as there is simply no catalyst at this time to allow a new leg up to start and market is still removing some weak hands out of it.
So this is a great time to get in one small bite at the time.
Have fun
But what stocks really went down ? All of them ??? NO
Most of the ones that plunge were already totally overbought and this kind of correction was an absolute necessity allowing great dips for us the small investors to get in and continue to make some profits along the way.
It proves also that whenever we made some interesting profit we should always get some off the table to avoid having to start all over again.
Are those market swings over NO.
The week will continue to swing both ways as there is simply no catalyst at this time to allow a new leg up to start and market is still removing some weak hands out of it.
So this is a great time to get in one small bite at the time.
Have fun
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