It’s painful ! Im still trying to figure out the mechanics for why it drop so much . I know tax selling is still going on and we lost the daytraders . Most daytraders are on Bitcoin . I had to get back in gbtc bc that trade is working And I believe over the weekend it will go much higher . That’s if Dow don’t fall of a cliff today .
Covid delta virus killed the airline trade.
Cannabis will come back but we need the rotation .
Lots of cross currents which makes this market very difficult . Covid , fed , inflation , tax selling . In the dot.com there were 3 -20percent moves down in the Year . Now is Very equal to that .
It’s painful ! Im still trying to figure out the mechanics for why it drop so much . I know tax selling is still going on and we lost the daytraders . Most daytraders are on Bitcoin . I had to get back in gbtc bc that trade is working And I believe over the weekend it will go much higher . That’s if Dow don’t fall of a cliff today .
Covid delta virus killed the airline trade.
Cannabis will come back but we need the rotation .
Lots of cross currents which makes this market very difficult . Covid , fed , inflation , tax selling . In the dot.com there were 3 -20percent moves down in the Year . Now is Very equal to that .
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