Calling for a V or W may be upsetting

I think it’ll be difficult for many investors, managers and financial advisors to buy in the current downdraft and any approaching lows.

Buying discipline and all the ‘Buffett-esque’ euphemisms aside (be greedy when others are fearful etc)

I say this because markets and prices may trade sideways or continue to ‘digest’ recent declines.

In turn, this will bore people in terms of expected quick rewards and impatience.

I don’t think it is advisable to paint pictures about shapes.

Expecting bounces that resemble the letter ‘V’ or ‘U’ or ‘W’ may disappoint.

September 28, 2022

by Rob Zdravevski

rob@karriasset.com.au