05-10-2022, 01:49 PM
(04-10-2022, 04:09 PM)sgbuffett Wrote: The Nasdaq and Dow has started another dead cat bounce.
This one should end after 10% rise...using the model.
After that the Fed hikes will come. Another round of pain.
very tough to call,, i remember march 2020 and once in 1990..many pessimistic but nkt dont care continue to head up. and many left chasing later.
There is no way to know as i google when it is a dead cat till it is over..
But a definition is that it should not be higher than the previous high , but if one will to buy right after it go pass previous high it could till reverse and will be caught buying higher.
another point i the vol, as again, vol i see chart cannot tell also on a daily to daily basic especially as this point of time when there is fear.
In another word no one can time the the market,
But only those who know value will buy,
But for tech n super growth stock, there is no way u can buy at low PE. U will end up chase when mkt return.
Look at TSLA for example.
so best is to acc slowly, buy in tranches,,, i like Zs and Net.. i will be acc a few..wish me luck.