“Bears get slaughtered, Bulls get slaughtered, Shrubs photosynthesize”.
- Le Shrub, from Reminiscences of a Shrub Operator
Sometimes the Market moves to a regime of Max Pain, where it just wants to inflict the most damage to its participants.
Such a regime requires mental flexibility, high cash balances, a trading mentality and stop losses in order to survive. More sensible people should just stay out of the whole thing, until the normal course of business resumes!
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