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Sunday, July 26, 2020 8:49:54 AM
The norm for retracements for an overextended run is to retrace 50% of the
move. It did; and when it exceded that it corrected up to where it is today.
Whether its shorts, profit takers, stop losses, it was overdue and any student of market behavior should have known that. Instead, they call it robbery, illegal trading, manipulation. NON-SENSE!!
It's normal and should be factored in and expected.
Think of as a poker game. The cards are stacked. Does one play knowing this or not. I wouldn't. Or I didn't see it coming, play, and blame it on everything else. Here we see the blame game.
If that's not enough, they blame Fauci, the FDA and anyone associated with getting the drug approved. How 'bout showing efficasy. When they do It'll be approved. If they don't ; it won't.
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