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Re: ShawnTrade post# 14381

Monday, 08/24/2015 8:43:41 AM

Monday, August 24, 2015 8:43:41 AM

Post# of 50725
Yep, CNBC is still in denial. When the media sentiment is going more negative, that's when you start buying the fear.

Basically, going to mostly or all cash means you sold high. Now it's time to buy the fear and start buying as the prices are getting cheap cheap cheap!

It probably won't be a V bottom, in other words an immediate bounce back up, it might take a while to come back with sideways consolidation and/or a slow upward return.
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