The investment strategy on the side of Wall Street has changed profoundly in the latest days and weeks. If until recently, including the first part of this year, every decline was a buying opportunity taking for granted that the Fed would have taken care of supporting the market anyway, now investors, starting with the big ones, are waiting for the rebounds (the rips) to sell and lighten their positions little by little. From “buy the deep” to “sell the rip” in conclusion.
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