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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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From: POKERSAM4/13/2025 2:42:35 AM
1 Recommendation

Recommended By
GROUND ZERO™

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You know this to be true. The biggest rallies are bear market relief rallies. Don't lose your head and follow those you know to be rabid bulls. Rabid bulls are always bullish.
This correction is the bursting of a bubble that has been overblown for many months. It could have burst many months ago. I warned you of the possibility on several occasions. It has now burst, and volatility is rampant just as it always is in a bear market.
Don't fight it, but use it, and you can profit greatly. If you fight it following the perma bulls, you will lose.
There is nothing dumber than buying the dips in a bear market. This is a sell-the-rip market.
If you have to go long wait for a large degree dip, then take your profit fast and run.
The trend is your friend, and the trend is down. IF you stay long too long, the market will run off and leave you. You can easily become one of the sad bag holders waiting for a bounce that takes years to happen.
We will get a real nice bounce later, but not yet. But this bounce will be temporary. We have a long way to go.

This cycle is repeated over and over again in the market. Where are we now? I would say near Anxiety.
We will hit Denial at the coming bounce.

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