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06/02/18

14:41

Post #: 30858004
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Originally posted by Anton Chigurh ↑

Punters still in denial stage, "she'll be right, will bounce soon" etc. Yes, could see a bounce but my guess is, small, 1-2 day rallies that fizzle. Sentiment will be cooked in specs for a while. That's called a normal market. We had it bloody good for a long while there. Time to give some back to Mr Market and watch now for some basing (maybe 2-3 months) and ironically, it'll probably be a "come back in May" year. End of the day, be open to a range of scenarios, as nobody knows for sure.

I know nobody will listen, as traders are like moths to a flame but would highly recommend minimising SM in times of volatility, along with fin media and the multitude of clickbait on offer.

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Sound advice Anton . What worked for the past few months is over.

Take your time to work out what will work in the future
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