Price hike has caused me to revise my opinion
Hello friends,
In the last post I said I felt the market topped. While, sure I do think this, my confidence that this is the case is low. In fact, it's not logical, I wouldn't trade based on this opinion for example. In my opinion, in a metric sense, the market is bullish, so talking about a bear market is premature. Anyways, I am not bearish here and wanted to update you. I don't see a new ATH incoming, but what I "think" does not matter to me and it shouldn't matter to you either.
Anyways, the market is bullish, but I will not be longing here as it does not fit my strategy.
Thanks,
Shkreli
In the last post I said I felt the market topped. While, sure I do think this, my confidence that this is the case is low. In fact, it's not logical, I wouldn't trade based on this opinion for example. In my opinion, in a metric sense, the market is bullish, so talking about a bear market is premature. Anyways, I am not bearish here and wanted to update you. I don't see a new ATH incoming, but what I "think" does not matter to me and it shouldn't matter to you either.
Anyways, the market is bullish, but I will not be longing here as it does not fit my strategy.
Thanks,
Shkreli
Commento:
for those who perhaps do not see how I could change opinions so drastic in a matter of days, the explanation is pretty simple: price is dynamic. Probabilities are conditional probabilities. Hence, they update. My opinion updates with them.