dead cat bounce..be aware

In 30 yrs of trading I have learnt a few things.

Firstly..there is no place to hide in a train wreck
and secondly ..follow the trend..don't try to buck the trend..
Whether we like it or not ..we are joined at the hip to the US market..ignore it at your peril..

to all those ppl out there saying don't sell..get real

I listened to that logic and lost hundreds of thousands in 1987..I stood at that screen and trusted those brokers with all that exoerience..All those seaoned old brokers...I trusted them...blah blah blah....and this scenario is looking like the preceding days coming into the big sell off in 1987....

if you can ....sell

You need big haggards to stay long this weekend..


That is just the simple truth of the matter...nothing more nothing less