Market Turmoil is in the Eye of the Beholder
Be Greedy when others are fearful and fearful when others are greedy.
Immortal words.
It may very well be that a day ago, when the market indecies dropped almost 10% in three days, when the VIX surged past 40, when everyone and their brother was contemplating getting out of the market altogether, was the very sign to jump into the market.
Blood was in the streets earlier this week. Today, markets are set to surge for the second day in a row.
Is this the true bottom? I have no idea. I do no that today, just as it was yesterday and the day before had one thing in common. It was a great time to invest. Start today if you haven’t already. Only history will be able to tell exactly when this bear market capitulates and dies out. You can be sure that the next bull market is ahead of us.
Don’t be caught left out when it comes.
Be safe out there and god speed.