When there's absolute fear and hopelessness...buy!
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In every market cycle the minds of the many go into 'doom and gloom' mode, thinking of the worst, absolute failure, default and the end times. It is the same reason the end of dayers always place end times dates on the world...The 99 to 2000 switch, the Mayan Calendar Ending, etc...
Biblically and I do believe in the bible and end times, this may very well be it...But over the short run I see a bounce before the end of days!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.