Downramping, good thing too for Dow, stupid old FXJ is allowing me to buy back great DOW stock at very low prices. This ASX is one market that has been excelling itself by being skittish on the downside, I fear some skittishness is about to stop as market days without retracement is a sign the market has bottomed (generally crashes have deadcat bounces associated with them).
Those punters who r selling and shorting at these crazy prices r so overcome by fear they know not what they do.
To those who sold some 2day that I may have picked up on the bid side, thank you.
Thank you to the people, bots and algos so skittish that good equities like DOW r so ripe for the bids., under $3 2day, thank you.
IMHO u don't need to get the bottom price, u need to get a price that makes u money so it is better to get on it at a price where sellers r selling based on fear than missing out on it completely because u r trying to get the bottom price.
Never be too greedy because if FOMO comes into it and the SP is bid up & miss out u feel like a mug.
A bargain price for DOW is a share in DOW at a bargain, jump on it b4 other people do again only IMHO, I am topping up across the board including DOW.
DOW Price at posting:
$2.95 Sentiment: Buy Disclosure: Held
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