Elliott Wave and Index Trends with POKERSAM Message Board

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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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Ms. Baby Boomer

To: GROUND ZERO™ who wrote (1357)	1/25/2023 11:41:47 AM
From: POKERSAM	1 Recommendation Read Replies (1) of 1764

One should never be bullish BECAUSE they are holding long. IMO people hold longs BECAUSE they are bullish. Being bullish when expecting a launch higher makes sense. It makes no sense when you are expecting a drop. Like yesterday when a drop was obvious. Those who sold are doing quite well today. All of the signs were there and have been since the last lower top at 4039 and were covered with several charts in my forum. When this drop in this one of three ends we will pick up some longs expecting a retrace before the next long drop. And so it goes in a bear market where every top is lower than the previous one.

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