Anas Rachid's avatar
$14.6m 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?
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
Christian'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)......
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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.