No problem, I appreciate it... :) I'm not so much conservative as I am realistic. Take for instance the fact that the price just dropped $2000 and recovered $1000 in the time that it took me to read your comment, fix a typo and generate this response... :).. That is the type of volatility that I want no part off. 17 percent decline in 5 minutes? and the guppies shrug it off and buy back in.. Tells me that we could get a 100 percent correction or better when shit hits the fan, if they are able to shrug off 17 percent like its nothing.. That was a Bitcoin crash before.. lol
I also have to look at it from the perspective of a huge Megladon Shark looking to make a profit (Futures Market).. I see the market is soft in the short term, so I'll just crush it into the dirt.. Take the money from the small investors and use that to pump it back up again and make money both ways...
RE: 12/7/2017 The Market View and Trading Outlook