Anas Rachid's avatar
$15.6m follower assets
Retail Capitulation
Do you think the bottom is in or we have more downside to go? Are you buying or waiting for cheaper stocks?
Bottom in?
23%Yes
76%No
17 VotesPoll ended on: 07/27/22
Preston | Investor Insight's avatar
We go lower through Q1 2023. It’s possible we get a bounce in August, but I think we are only half way through this down move. QT is just starting with no signs of a bottom forming currently.
James Andrews's avatar
Who knows, but there are definitely some bargains to be had out there now, and likely over the next few months
Chris's avatar
I don't know, so I voted "no", the status quo, but the monthly chart could be putting in a bullish inverted hammer candle friday, at the end of the month, at a known support level, the 50 period simple moving average, (the dark blue line)......
Eric Messenger's avatar
I hope @investorinsight is right. More time to accumulate while some businesses are down.
Reasonable Yield's avatar
I think most investors who do better to avoid timing tops and bottoms.

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