Bull traps" like the one going on in the US stock market, are exceedingly rare.
Stock prices, rising for over a decade have been "vaporized" by this decline.
Like Netflix, a darling of the Fang Nasdaq 100 stocks,
it traded for 701 a share in mid November 2021. Friday it was changing hands at 180.
That's a decline of 521 points in just 6 months ! That money above now simply ceases to exist at it's former valuation.
There are literally hundreds of stocks,
that have fallen 50 to 90 % ,from their all time highs reached in the witching month of Feb.2021.
That's when the majority of stocks started to crack, and begin to roll over.
If you are tempted to outsmart this "knife falling " stock market,
and buy the continual fall off the cliff stock price valuations in 2022,
just be aware that there are trillions of dollars that have come before you,
that have simply been "vaporized " by trying to do the exact same thing.
THE_UNWIND
5/8/22
WOODS OF CONNECTICUT
Stock prices, rising for over a decade have been "vaporized" by this decline.
Like Netflix, a darling of the Fang Nasdaq 100 stocks,
it traded for 701 a share in mid November 2021. Friday it was changing hands at 180.
That's a decline of 521 points in just 6 months ! That money above now simply ceases to exist at it's former valuation.
There are literally hundreds of stocks,
that have fallen 50 to 90 % ,from their all time highs reached in the witching month of Feb.2021.
That's when the majority of stocks started to crack, and begin to roll over.
If you are tempted to outsmart this "knife falling " stock market,
and buy the continual fall off the cliff stock price valuations in 2022,
just be aware that there are trillions of dollars that have come before you,
that have simply been "vaporized " by trying to do the exact same thing.
THE_UNWIND
5/8/22
WOODS OF CONNECTICUT