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NorthmanTrader Not necessarily oversold it can also be excessively shorted!!!!
NorthmanTrader Important statement in the article: “At this point, this is purely speculative, as no confirmed low is in place.” So the headline is inaccurate and should say “A dirty rally may take place”
NorthmanTrader Market was parabolic! Bound to happen
NorthmanTrader Article is from Dec 19. Shit has changed, even since then.
NorthmanTrader pretty sure this was o friday too, prior to the mini crash. so we are going for stopped clock theory