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-rw-r--r--Finance/Fundamentals/Axioms.md2
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@@ -46,3 +46,5 @@ During a bear market, monitor the outperformers in significantly underperforming
When the bear gives way to the bull, buy the companies that IPO’d during the bear market.
When confident sell call at peak, show me the money trade
+
+Top down doesn’t work as often as macro posters would like you to believe. And it often makes you very bearish, as you start paying attention to all the bad stuff happening and work backwards to figure out how its going to blow up your longs.