Reasons Not To Buy

– It’s down too much
– The PE is just…
– It is at the __ day moving average
– It is at the __ retracement level
– But the earnings were great!
– Historically, the market has….
– It’s an election year
– But the analyst said….
– It is at “support”
– The VIX is at __
_ etc…

The only reason to buy?
PRICE ACTION and then MANAGE RISK!!
The market is melting down and unless you are short it is just a horror show to watch from the sidelines.