I am flabbergasted at the collapse of the . In the span of just a few days, it was crushed to almost half its level, collapsing from the mid-30s back into the teens.
We see plainly that buy the dip rules the human mind. My view is that this will be recognized as an error in judgment. I hate to put so much weight on one report, but I again point to tomorrow morning’s as a potential inflection point.
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