Apr 2, 2023·edited Apr 2, 2023Liked by Caleb Franzen
DCA into a down trend /bear /unknow market? Is like catching fallen knives! JUST DONT! When there is blood in the streets -even then don't buy yet! Wait for a reason/catalyst to go clean up the streets. Then you get back in ...
Trust me - I lived, traded through the 90"s, dot.com and GFC, 2020 Covid dip ! We are so early into this recession, there is not even blood in the streets, as yet.
DCA into a down trend /bear /unknow market? Is like catching fallen knives! JUST DONT! When there is blood in the streets -even then don't buy yet! Wait for a reason/catalyst to go clean up the streets. Then you get back in ...
Trust me - I lived, traded through the 90"s, dot.com and GFC, 2020 Covid dip ! We are so early into this recession, there is not even blood in the streets, as yet.
Just be patient, sit in cash!
“Bull markets ignore bad news, and any good news is reason for a further rally” 🎯
--- Michael Platt