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The Equity Markets Are Primed For a Correction
High Prices are a Cure for High Prices
A Confession of Mistakes and Honest History
Before I carry on the main topic of this article, I want to make it clear that for the past 1 year, I have been trying to project the end of the 13 years bull run but time and again, I was proven wrong. That is the part where you can choose to stop reading because my track record for the past 1 year was admittedly, like shit.
Now, if you will give me a chance, a chance to redeem myself, here’s what happened last year in Feb 2020 and Mar 2020: I was positioned short just before the crash (not at the exact top but not too far), and I called the exact bottom of the March low. As I was a professional trader in a hedge fund at that time, I did not publish my trade ideas anywhere, so you have to take my word for it. Else, you can take this article with a huge pinch of salt. A snake-oil article.
Irrational Market
Mapping Investors’ Herding Psychology
The above chart is how I had attempted to map investors’ psychology against the…
