_MARKET PULL BACK, CORRECTION, CRASH, SCAM: DO YOU KNOW THE DIFFERENCE?_
Today, I want to explain some basic market concepts. These concepts are:
- Market Pull Back
- Market Correction
- Market Crash
- Market Scam
_THE STORY OF MARKET CORRECTION_
Imagine a market where people sell potatoes. One day, someone announced that they would make potato chips and sell them. People started buying potatoes, and the price went up.
_THE STORY OF MARKET PULL BACK_
A few days later, people from other cities came to sell potatoes. The price of potatoes went down. This is a market pull back.
_THE STORY OF MARKET CRASH_
Then, the government announced that they would import potatoes from China. As soon as the news came out, the price of potatoes crashed. This is a market crash.
_THE STORY OF MARKET SCAM_
Later, someone discovered that the news about potato chips was fake. As soon as the truth came out, the price of potatoes dropped to almost zero. This is a market scam.
_DO YOU THINK THE CURRENT BEARISH MOVE IS A MARKET CRASH?_
I'm writing this post to remind you to understand market concepts and make your own decisions.
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