She is doing what I am doing, just sell all positive (or less corrected stocks) stocks and buy the deeply corrected stocks. General concept, the risk is less for deeply corrected stocks !
This is just active trader concept !
All my updates can go wrong and do not depend on this update, it is pure guess
Two possible scenarios: In short, one more 2.5%-3.5% is due.
They can simply push down another 2.5% tomorrow. That should be a final end.
Market maker may pull all indexes (recovery 50% of drop today) when scared investors are selling. In that case, Monday they will push down again 2.5%-3.5% and put a full stop finally. This had happened recently as given below.
I know this concept. However, CRSP and TWST continue to drop. I am accumulating TDOC now, I think is a sufficiently high conviction buy n hold stock. Ditto for NVDA.
I thought this is WB’s buy with a margin of safety.
Referring to QQQ: Behavior wise this scenario is likely. Wave a down look like completed and should start counter-trend UP but I don’t know how high it will go before the wave c DOWN resumes… also don’t know how low it will go down… but if it goes below $297, IMHO correction (10-20% decline from ATH) is in progress.
This is not a financial advice. Sharing for entertainment purpose only.