The idea here is simple.
The stock market crash from Feb.19 thru Mar 23.2020
was the real deal, the whole cloth,
occurring when the biggest of money,, the smart money
sold the market, as the horror and scope of the pandemic became apparent
As in 1929, the stock market crash of 2020,
took almost everyone by complete surprise,
except for the "smart money.
They always know before the crowd does. It's the nature of the beast.
It's the way the market works, it's the way it has always worked
The ensuing rally, this spring, up until June 11,2020
retraced almost the entire c market decline, rising past any expectation
with the Nasdaq 100 actually making new all time highs.
However this week, the mirage"of the new multitude,
the flock of new retail buyers, millennial's who had never experienced
a bear market shock, unfortunately were swept
down the side of the mountain, in one fall swoop.
The reappearance of the bear market, Thursday June 11,2020
was not unexpected. just the timing of it was in question.
"After" the mania,. of buying this spring had pushed
most short traders beyond their limits and their brokers margin requirements,
the selling kicked in with a vengeance this week, all over the "dumb money"
who had "bought"in the decline
Make no mistake it was the real deal.
A bear market always is the realist in hiding.
Despite the markets sharp snap back rally on Friday,the financial moral of this story
is that stock market rallies should now be sold,
and that" the buying the dip" mentality, so long the trend
went out of fashion,.48 hour ago.
To the victor eventually ,
..go all the spoils.
THE_UNWIND
6/16/20
NEW YORK
The stock market crash from Feb.19 thru Mar 23.2020
was the real deal, the whole cloth,
occurring when the biggest of money,, the smart money
sold the market, as the horror and scope of the pandemic became apparent
As in 1929, the stock market crash of 2020,
took almost everyone by complete surprise,
except for the "smart money.
They always know before the crowd does. It's the nature of the beast.
It's the way the market works, it's the way it has always worked
The ensuing rally, this spring, up until June 11,2020
retraced almost the entire c market decline, rising past any expectation
with the Nasdaq 100 actually making new all time highs.
However this week, the mirage"of the new multitude,
the flock of new retail buyers, millennial's who had never experienced
a bear market shock, unfortunately were swept
down the side of the mountain, in one fall swoop.
The reappearance of the bear market, Thursday June 11,2020
was not unexpected. just the timing of it was in question.
"After" the mania,. of buying this spring had pushed
most short traders beyond their limits and their brokers margin requirements,
the selling kicked in with a vengeance this week, all over the "dumb money"
who had "bought"in the decline
Make no mistake it was the real deal.
A bear market always is the realist in hiding.
Despite the markets sharp snap back rally on Friday,the financial moral of this story
is that stock market rallies should now be sold,
and that" the buying the dip" mentality, so long the trend
went out of fashion,.48 hour ago.
To the victor eventually ,
..go all the spoils.
THE_UNWIND
6/16/20
NEW YORK