I really do not know where to fall further. There's a wild support. Weekly MA20, daytime MA200, Fibonacci retracement of 61.8% of all annual growth, historical trend lines ... In general, all this should bounce off. When drains
let you go ... Here you are, the merchant traders. The reverse side of the ETF is yours. Let them do it .... I expected a general decrease in volatility when all this was beginning to be predicted. And it is - that's what it is Mihalych.
New post. He doesn't know how low we can go. Also, if someone is good with Russian, I'd like a better translation. Direct translation can be iffy.
This thread just became mostly irrelevant anyway.
#1 he was wrong, at least tactically
#2 see #1
#3 that post has no relevant info, hence, don't worry about translation. He basically says that everything got broken.
$4 the key is not in this post, but in the other post/comment where he says that so much damage was done that it would take loooong time to repair.
My conclusion: We are in the bear market of unknown duration, structure, etc. As i said before, maybe it is similar to Amazon or AAPL from 1999-2001 (AMZN) or 2002 (AAPL). Survive a year or a couple of years of pure brutality, then enjoy yourself for the next 20. That's how I intend to play it.
