Submitted by BeyondShroud t3_12087x7 in wallstreetbets
BeyondShroud OP t1_jdgakj4 wrote
Reply to comment by Ok-Run5317 in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud
Ok-Run5317 t1_jdgb0fq wrote
the only time banking stocks get in vogue when market is in distribution mode. that is stocks are being offloaded to poor retail bag holders. bullishness in risky stocks like bank should be taken as time to lighten up long position and initiate short positions on overbought levels.
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