Once you understand the forces of the bulls and bears at work in the market, you will know why market crashed so hard.
When market as usual
When market panic!
Too many reasons to sell and less reasons to buy so market will crash so hard!
This is how it begins .....
Market cycles has happened in the past and will happen in the future!
Thank you uncle cw8888 for answering my question with a few thousand words[pictures] :) The perspective you used in the WHY was quite different from what I expected. Really enlightening view.
ReplyDeleteI was trying to understand what was the main trigger point that caused the major selling, but I guess the selling over the days eventually caused a certain threshold to be crossed and the panic got set off?
~RD