Massacre Scene <殲景>
The week of falling knifes A Technical Analyst and a Fundamental Analyst are chatting about the markets in the kitchen. Accidentally one of them knocks a kitchen knife off the table landing right in the fundamental analyst’s foot! The fundamental analyst yells at the technician, asking him why he didn’t catch the knife? “You know Technicians don’t catch falling knives!” , the technician responded. He in turn asks the fundamental analyst why he didn’t move his foot out of the way? The Fundamental analyst responds, “ I didn’t think it could go that low”. Summary of the week The market volatility this week is unprecedented and unnerving to many whom had enjoyed close to a decade of relative peace and tranquility. Circuit breakers were triggered at stock exchanges and the fear and greed index registered fear metrics close to the 2008 GFC era. The stock market is a roller coaster ride indeed. It was all fun and chuckles when it is making its slow ascent u