Important things to know after the S&P flash-crash
Just 2 days ago I published about the very awaited correction in the S&P:
Today the picture is even darker. This looks more like a flash-crash rather than a "correction".
The most important things to know are:
I updated my yolk and white graph to better describe what could happen next. Remember that while the long-term picture is positive, the sell-off could continue in the next hours or days.
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"Time is your friend; impulse is your enemy." - Jack Bogle
Today the picture is even darker. This looks more like a flash-crash rather than a "correction".
The most important things to know are:
- That a market correction could be just what investors need.
- This chart shows what tends to happen to markets after a big plunge in the Dow like this.
- Also check on the three events in the next 24 hours that could determine whether the sell-off continues.
I updated my yolk and white graph to better describe what could happen next. Remember that while the long-term picture is positive, the sell-off could continue in the next hours or days.
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"Time is your friend; impulse is your enemy." - Jack Bogle
