Massive volume an a solid green day in market that is falling apart, would say today's announcement is meaningfulSo many posters suggesting this is nothing new and been said before but the reality is the whole setup is different from local government, to geo political, to commodity price, to management to trade price.. Polar opposites to the last time we had an inclination of an sml issuance.
So yea sure getting excited is taking a risk
But being on the sidelines if/when it's announced is even riskier.
Not averaging down/up when the risk gets lower isn't even sillier
Fortune favours the brave, and in this case the rationale investor who can see the setup is different, the momentum is different and the return outweighs the risk.
Only unknown in holding now is how badly will the market correct this time and how leveraged are market participants in this rally
Personally, I don't think this is the big correction which is yet to come.
DYOR, I am excited! And I might keep getting parcels of excitement on every dip in
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