SENTIMENT: DESPAIR
The market is gripped by despair. The current environment reminds me of the market in August of 2001. The bearish mood was only resolved after the scary month of September.
For longer-term players, buying some tech exposure here is a good idea. However, keep cash available to buy if the lows of S&P 1060 break and we get a scary dump.
The market is gripped by despair. The current environment reminds me of the market in August of 2001. The bearish mood was only resolved after the scary month of September.
For longer-term players, buying some tech exposure here is a good idea. However, keep cash available to buy if the lows of S&P 1060 break and we get a scary dump.
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