DislikedHi DD, How would we know that we should not buy the rallies today? Are we being more conservative today because of the overall anxiety of the market?Ignored
How deep (or how high) a rally goes no one knows.
But the problem is that when you close your position during a (down) rally, it becomes (psychological) much more difficult to go short again, because the market dropped already very deep as it Today did.
Is that the answer to your question?
"It's better to be out wishing to be in... than to be in wishing to be out!
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