RE: Large Funds ready to buy into Dark ?26 Jan 2022 15:16
Markets are being ramped into tonight's Fed speech the world over setting up a fall. Notice how the seller isn't too active today.
Seen it many times before a Fed speech and might mean tomorrow is a down day as the news gets digested. At that point it could present a perfect opportunity because much of what is going on in the world as regards to interest rates, Ukraine and so on is priced in.
If not then, the next opp will be the Mike Lynch news. Although no one can convince me that a negative outcome is not already priced in after a 65% fall. Either way, the SP is less than 10% away from the first days close after the IPO. So now everyone who has bought and held since the IPO barring a very small no of people is down.
You can also guarantee that there is a very large amount of money watching this for signs of a reversal.