Wyckoff volume benchmarking / market profile bt analysis board

[AllTheHype]

One guy on that tech board finally said something I agree with (he usually provides long winded, inconsequential, condescending posts). At least it is true in the present context of the market. It is not true always.

Anyway, he said use down events to buy calls but don't buy puts trying to catch the down. Mostly that is true, given that liquidation breaks and down events in this market are often unpredictable, but support can be derived and is much more predictable.

Invest in what is known, and let others venture into the unknown.