RIP BTFD?
I’ll have more thoughts on this later. Here’s the lead markets story at the Journal today: Going back to the 1980s, the S&P 500 has typically rebounded after posting a weekly loss, such as the punishing setback it suffered last week. This year, that “buy-the-dip” trend has broken apart. The broad index has fallen an average of 0.04 percentage point on the day following weekly declines, marking the firs...
source https://thereformedbroker.com/2018/12/10/rip-btfd/
source https://thereformedbroker.com/2018/12/10/rip-btfd/
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