Catch a falling knife…

Traders and pros joke among themselves about catching a falling knife in markets like the present — where the market is in freefall and there appears a rich reward for those who catch the bottom and profit from the bounce.

Obviously the saying is highlighting the risk that exists when you try to catch a fast moving blade that is very sharp.  We hate to think of our readers getting blood on our letters so we try to persuade readers to sit and watch others get their hands cut up.

In good time  price will stabilize and buying bargains will exist.  We refer you to the alphabetagamma pattern oft discussed here. beta gamma waves.pdf

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