Quite true. Trading patterns are often far more predictable and cyclical than people realize. Lots of selling late last year to offset gains with realized losses in time for the impending tax season. Since it was a bear market overall, the waiting period for the wash sale rule kicked in for most sellers. I'm already seeing major recoveries across the market, and this is just the first trading day of 2022.
Yes Jack! That is the way I see it as well. We will actually be much stronger as we rise in value reflecting the true value and not one inflated by hype like we saw last year.