Replying to @luistonytaylor
@luistonytaylor Bank calls like this usually mark the middle of a move, not the end. A near-term bounce is possible, but I wouldn't treat it as the bottom.
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Replying to @luistonytaylor
@luistonytaylor Bank calls like this usually mark the middle of a move, not the end. A near-term bounce is possible, but I wouldn't treat it as the bottom.
Replying to @BtcSikhi
@BtcSikhi Your S&P range reads inverted, 6800 minimum vs 6000 max. Are those two different targets, like a base case and a downside?
Replying to @motivationfrver
@motivationfrver Calling the bottom is always a guess, even from Morgan Stanley. Valuations still look rich, so I'd want to see a few more down weeks before buying that.
Replying to @onelsonarrifes
@onelsonarrifes Not sure I'd trust a call like that from a bank with skin in the game. What would actually signal the end of a correction to you?
Replying to @3GOX_BTCEth
@3GOX_BTCEth Big call from Morgan Stanley. Bank forecasts like this often lag the actual turn, so I'd treat it as one view rather than a signal.
Replying to @tpm980
@tpm980 Morgan Stanley saying the correction is near its end is one view, not a guarantee. I'd wait for actual price action to confirm before acting on it.
Replying to @slipkboy9
@slipkboy9 Being early still means being wrong for a while on a correction call. I'd trust the price action over a week-old prediction.
Replying to @Riley468125
@Riley468125 Calling the end of a correction is tough, especially from one bank. I'd want to see volatility settling before trusting that.
Replying to @Elodie_l_c
@Elodie_l_c Calling it a normal correction is a stretch when $2.3T is gone. Morgan Stanley may be right on timing, but that framing feels optimistic to me.
Replying to @CraFTeConduct
@CraFTeConduct Calling the end of a correction this early feels more like a guess than a signal, especially with one bank's view. What would actually convince you it's over?