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Monday, August 8, 2022

Use it

Nice bounce in the Nasdaq / ARK stocks / tech names etc this morning.
If you were extremely uncomfortable with the drawdowns in your stocks this week, use it. This is your chance. If you felt overexposed to one particular sector or theme or whatever, chances are it’s very green today. Sometimes markets bottom but sometimes the sellers just take a break. It can be tempting to imagine that name you have a 40% drawdown…

The post Use it appeared first on The Reformed Broker.

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