Charting My Interruption (CMI): “Let Your Process Be Your Guide, Not Your Emotions”
February 17th, 2023
David Lundgren, CMT CFA
Bear markets can be nasty because the dominant price trend is down (reflecting the market's informed view of the poor fundamental conditions), and at the margin, those with capital in the market are far more eager to retrieve that capital than those on the sidelines are eager to put their hard-earned cash at risk. This condition will continue until two things happen (and they
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Highlights Narratives mislead; market structure doesn’t. Ignore stories, watch price trends, leadership, and breadth—the market itself is the ultimate truth
Bear markets can be nasty because the dominant price trend is down (reflecting the market's informed view of the poor fundamental conditions), and at the margin, those with capital in the market are far more eager to retrieve that capital than those on the sidelines are eager to put their hard-earned cash at risk. This condition will continue until two things happen (and they
