LogFAQs > #968481615

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TopicStock Topic 37
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10/04/22 11:09:01 AM
#334:


So the question remains what is happening now

We had a LOT of doomsaying about Credit Suisse and Duesche Bank potentially defaulting and potentially collapsing the financial system this weekend. I'm not going to say that was outright FUD but it could have caused people to act in a certain way.

Did that cause enough retail into selling early yesterday that the market is now running OR is the market being pumped to try and trap people for the dump. It's impossible to know. I'm inclined to think it's the former? I think there was a lot more noise about it on certain financial circles of Twitter with higher density of the types of people that are "the enemy" and less everywhere else

I think now is the time to buy as long as you don't do it on margin. You could wait for a flash 2008 style dump but if it doesn't happen you're going to be kicking yourself because the market is probably well over half the way down from where it should be right now.

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