/biz/ - Business & Finance

>>23528620
there is no ensured bottom
there are no certainties, ever
anything can happen, anytime
[most people think that they accept this risk, but they don't]
the best strategy is to wait for a confirmed uptrend, and then go in, not to try and call the bottom
"Confucius say: man who picks bottom has stinky fingers."

>>23415047
even if it was, it takes a LOT / a catalyst to change direction after their report
please, please do not try to catch the knife the day after a bad report.. NEVER do this
if you believe it was oversold, wait minimum a week (sometimes even two) for it to finish the downtrend and reverse - it'll be much better to be ready to catch the wave up that begins and missing a little bit of profit by confirming the trend up exists beforehand rather than just jumping in saying "okay, right here, this is the bottom!"
we saw the same exact thing play out with TACO this week, of anon's jumping in right after the bad report [retards]
>Confucius say: "man who picks bottom have stinky fingers"
picture it like a river that has jumped its banks and is now carving out a new river next to the old one; that momentum doesn't just end miraculously, it takes something else to change the path of the river