I created a new on balance profit/loss indicator. This indicator shows that majority of the traders in the last 10 days are deep in the red. Come save us Billy Boy, we need some good new in the form of Definitive Agreement.
In every market there are buyers and there are sellers. If the average investor cant beat a buy and hold strategy, who do you think the buyers today were, the average investor?
$IPOE $PSTH $ENZC $CLOV $IPOD $IPOF $QQQ You cant fight the market. Its gonna go where it wants to go. You can sell at a loss or you can average down.