• Don’t buy long pre-market for the most part. Outright panic can happen; being down 20%
• Fake-outs can happen with dip buying as it can panic further.
• You don’t know where the exact bottom is
• If you look at the panics they were exponentially decreasing in strength, which stands to reason that the bottom is close
• Obvious short entries free opportunity to dip buy as large short positions will be covering at key significant levels where most people are watching / waiting