An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, February 3, 2016
You've just been handed a gift.
Weak, frightened, people who panic are a gift to any calm, rational person. You've just been handed a gift. Go get it. Go get it now.
After my own panic covering throughout 08 and early 09 I've learned to sit on my hands during corrections (which btw are normal and healthy fluctuations in stock markets) . I think the algos for the most part are programmed to do the same (especially subsequent to the March 09 lows) latest selloff notwithstanding.
After my own panic covering throughout 08 and early 09 I've learned to sit on my hands during corrections (which btw are normal and healthy fluctuations in stock markets) . I think the algos for the most part are programmed to do the same (especially subsequent to the March 09 lows) latest selloff notwithstanding.
ReplyDeleteClarification: algos do have sell programs of course, but panic/crash I don't see it coming out of this trade mechanism.
ReplyDelete