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71741440 Private ID: 71741440
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    $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
    $Tesla (TSLA.US)$ 
    $Occidental Petroleum (OXY.US)$ 
    $Netflix (NFLX.US)$ 
    With the intensification of tensions between Russia and Ukraine, US stocks are also affected by it. The major indexes did not extend the upward trend of the day before yesterday, and all fell back high today. The sign of the bull market is about to disappear, but is there really a bear market coming?
    UVXY is showing signs today that it is likely to break the key point of $22 in the previous period. Once UVXY breaks through this key point, it means that the upward space is open, and the market may really be about to go. Therefore, the rational operation strategy, personally think that now is not suitable to copy the bottom of the market. It is true that in the previous period of stock market decline, many stocks have fallen sharply and seem to be very cheap, but is this really the cheapest bargaining chip? Or will there be cheaper stock prices? Judging from the trend of UVXY today, it is the best strategy not to be greedy for bargains at this time, but to wait and see. It is not too late to enter the arena when the situation becomes a little clearer. Taking this opportunity, you might as well calm down and learn more about how the stock market operates. Follow my mentor's reading notes and continue to learn the classic trading case of Wall Street stock guru Jesse Livermore, one of the important things to learn is to wait.
    Translated
    Will UVXY pop up?
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    71741440 liked and commented on
    $Tesla (TSLA.US)$
    $FULU HOLDINGS (02101.HK)$ 
    $Microsoft (MSFT.US)$ 
    $Apple (AAPL.US)$ 
    Peter Lynch, I believe everyone is familiar with this name. Here is a trade from his investment career that I saw him describe in a video by a vlogger.
    In 1972, the stock market experienced a significant pullback similar to the current one. The stock of Taco Bell, a chain of restaurants, dropped from $14 to $1. A plummet of 93%. However, Peter believed that Taco Bell was a high-quality company because they were continuously opening new restaurants and had no debt. So, when the stock plummeted from $14 to $7, Peter started buying at the bottom. It was obvious that he caught a falling knife. But instead of panicking when it continued to decline, he not only held his position but also added more when it dropped to $1. Then, in 1978, six years later, Taco Bell was his largest holding. However, it was also in this year that Taco Bell was acquired by PepsiCo at a price of $42 per share. In six years, the stock skyrocketed from $1 to $42.
    Blogger's summary:
    No one can accurately bottom out, such a powerful guru...
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