Make your plans and strategy now then people. selling at a 10% draw down feels better than a 90% draw down.
If you don't know where to start in terms of designing some sell rules, google it. There are plenty of ideas out there to suit most everyone.
Todays close will define a technical sell quite possibly as it looks like it wants to undercut a last point of support.
There are always huge technical rallies in bear markets to suck noobs in and sell to, this is where retail gets wrecked.
If like me you have a significant position then you need to get your plan together now. I don't see a complete rush for the exit yet - but you don't want to be the last one holding the bag.
I don't know what's going to happen with the market, this week will be very telling I think though.
I am not trying to get people to sell their shares so I can buy them. I have plenty enough as it is.
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