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OT: American Politics

Hey, that's a really nice bounce the stock market had today!

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And downnn we go. Be prepared for a lot of that in the coming weeks. Instability means wild action in both directions, whether there are headlines or not.
 
For those new to bear markets, this little chart demonstrates that even when macro conditions are extremely awful, not only does the market never go straight down, it often experiences some powerful bullish spasms

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The best skill a bull can have is to understand bear market dynamics and know that newsflow does not always dictate price action. In other words, just sit it the fuck out. Hold cash or slowly scale into longterm positions. But if you go short, understand that the risks are catastrophic without proper risk management.
 
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