by Adam English, Outsider Club:
Oh, how a couple days can change everything.
There really are no winners when the market drops, unless you are into the insane world of shorting stocks in a reckless bull market that loves to find shorts to squeeze.
Yet, I have to admit I got quite a kick out of watching the market collectively freak out two weeks ago.
I wish I could say that there isn’t a smug component to it, but part of it is the vindication of what we have been discussing all year while the “pros” mocked caution and bearish sentiment.
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