2min chapter

The Compound and Friends cover image

The Most Powerful Man in Washington Stays Put, How to Buy a Correction (with Tony Dwyer)

The Compound and Friends

CHAPTER

Why Didn't You Buy the Saccade Extreme?

It's very hard when the market's getting blitzkrieg to say, okay, I'm going to go in there with a bid. What typically happens is people that see the oversold condition wait for it to bounce. The bounces are so significant. Just look at the last two days, you're up 4%. But what happens is they want to buy the oversold, but it bounces so quickly.

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