Tuesday Jan 25 2022
Tuesday Jan 25, 2022
At the first of November a short three months back, new highs dominated the New Highs New Lows section of the WSJ.
Today it takes nine columns 2/3 the length of page B 9 plus another page to list the new lows.
Social mood towards owning stocks has moved from positive to negative.
Stock prices fall seven times faster than they rise, we are witnessing just that now.
The 20% collapse in NFLX Friday was that shot across the bow warning of what would happen Monday, remember Oct 1987, same thing but not as severe but a mood collapse still.
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