fg, How does one get a confirmed bottom in this kind of volatility? What does it look like?
Even if you wait for a 10% or so rise, it could then lose 10% and more in the next day or so.
If you wait for a sentiment change, then the market could be massively higher already, there are weeks or so when everything is bad news but markets rally and vice versa. How does one time it right with a sentiment change?
I buy value.
Only two kinds of people pick bottoms, those who are lucky and liars.
