The end of a bear market is usually marked by heavy volume accompanied by a steep drop. This is known as a panic sale. Fear will be in everybody’s face and everyone will be scrambling for the exit door. Gloom and despair are seen everywhere. Overly pessimism will cause the market to be oversold.
After the panic sale, the market may suddenly burst back to life and shoot up. An example of this happened in the financial crisis in 1997/1998. If I am not mistaken, it was on
Those who survived the onslaught and had the guts to buy, had invested wisely. I am glad to say, “I am one of the survivals”.
Buy in fear! Do you have the guts?