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The operative phrase here is "Never try to catch a falling knife". https://www.investopedia.com/terms/f/fallingknife.asp https://www.investopedia.com/terms/f/f
by ogre_codes 7y ago
The operative phrase here is "Never try to catch a falling knife". https://www.investopedia.com/terms/f/fallingknife.asp https://www.investopedia.com/terms/f/fallingknife.asp
You're right, it's likely we'll get a reversal before too long, but how deep this goes and how long it lasts is up in the air.
- AnimalMuppet 7y ago> ... up in the air. After the "falling knife" analogy, that phrase took on a whole new meaning...
- pontifier 7y agoI've just found that those knives can hit the floor hard and wedge themselves deep into a crack. If you come along at the right time, and pull with all your might, you can pull that knife right out of the ground like a sword from a stone and become a king... I'm doing that right now!