We are not out of the woods yet. I do not think the bounce can be sustained. If you have big unrealised lost and your portfolios are good shares. Not to worry, learn to live with it. The bounce will be furious and with vengeance. But if your portfolio contain shitty shares, do some reallocation. Unless you are very very cash rich, For now don't buy. Is better late than losing more money. Once the indices show sign of fatigue, it will trend down. At this juncture execute your short. For now just stay put. Monitor. Execute the right move at the right time. You will not regret.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments