Did You Buy The Dip?
This morning, we experienced some excellent trading opportunities on Lucid and several other big names. Please watch the recap Brian and I posted here. I suffered from performance anxiety and just could not make the right decision. I hope you had a better morning than I did.
Yesterday, Brian and I held an informative Success webinar on the 9/20 TradeBook. This is a strategy that Brian has been perfecting and discussing in the chatroom often over the last year, just recently finalizing the TradeBook for it to be presented. Over 200 traders attended live. It is now posted in our Education Center for access by Elite members.
Today is our final town hall session with Dr. Katz. I am honored to share this last episode with him. Please join us live at 8pm ET as a sign of appreciation for all of the work Dr. Katz has done for us in the last 1.5 years. We were blessed to be able to work with Dr. Katz. I am certain we will continue to work with him in various capacities in the future. I hope you are able to attend live tonight. If not, this recording will also be available for later viewing by Elite members.
On Monday, the markets gapped down due to the fear of a meltdown of the Chinese property developer, Evergrande. Many have compared this situation to the collapse of Lehman Brothers in 2008. I sense this comparison might be too simple as Evergrande has considerable and diverse assets. They own over 1,300 projects spread across more than 280 cities. These physical buildings and land could help cover at least some of the losses should the company be completely liquidated. The most important question in all of this is: Did you buy the dip?
I personally bought the dip on Monday on the tech sector QQQ ETF and the Russell 2000 small-caps index. At the same time, I also did not forget the above meme!
To your success,