Oh and in lightning fast time too - less than 90 days. Not anyone can do that!!! But Cathy Woods still has faith - RoboTaxi, RoboTaxi, RoboTaxi lol.
Regarding bear market rallies I believe I saw some other comments on it earlier today while scrolling. Personally, I became traumatized after the covid plunge in 2020 where the counter rallies were insane. To the point where I really hated shorting for a while. I could get the big picture right, but since my timing often was off I'd be on the wrong side of those nasty counter moves. In hindsight, the biggest mistake I did was not scaling down enough. Early 2020 was even wilder than this, though. My two best days last year were 100 % short trades. So, I do short. And have been shorting much more lately in this environment. I still much prefer being long for some reason. I always feel I'm at the mercy of the market whenever I'm short.
LF, you're like my brother from another mother. I could just as easily have written that post myself. Well, except that I was still a newbie options "trader" (options trader - lol) who was going to conquer all the trading world with ODTEs back in 2020. I am the same way as you. I feel I see the risk better when I'm long. I'm more comfortable when long. And shorts always seem to get ripped out of my hand before I'd expect them to rip. And yes, when I'm short I feel that the market has me by the short hairs rather than me controlling my own short hairs.[/COLOR][/COLOR]
Trump said it was the globalist that are tanking the Market and he wasn’t concerned. “ Dow Jones Futures: Trump Blames 'Globalists' For Stock Market Dive; Nvidia, Tesla, Palantir Skid As Broadcom Jumps Late” https://www.investors.com/market-tr...s-nvidia-tesla-palantir-broadcom-jobs-report/