Michael Oliver desribes "arm wrestling to the bottom."
You don't announce the bear market.
You let 'em think it's just a pullback.
And then you give 'em a rally.
But the rally doesn't make a new high and then you have another sell-off.
And then, you know, nine months after the high, suddenly you're 20% off the high.
And people are wondering, "What happened?"
Ambush 'em that way, rather than with a crash.
Because crashes usually don't begin bear markets.
Take a good long look at the behavior of ANKR.
Bets on .07?
You don't announce the bear market.
You let 'em think it's just a pullback.
And then you give 'em a rally.
But the rally doesn't make a new high and then you have another sell-off.
And then, you know, nine months after the high, suddenly you're 20% off the high.
And people are wondering, "What happened?"
Ambush 'em that way, rather than with a crash.
Because crashes usually don't begin bear markets.
Take a good long look at the behavior of ANKR.
Bets on .07?