Here comes the pain

If you are long anything you have my blessing. If there is a way to get out do it now. Nothing will happen until Monday and by then you could be wiped out.
 
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What gives me pause is we are still trading above 2018 December lows.
Does anyone think with all of known unknowns about earnings, credit markets, and how long Corona will last, that we are much better situated compared to 2350 level back then.
 
What gives me pause is we are still trading above 2018 December lows.
Does anyone think with all of known unknowns about earnings, credit markets, and how long Corona will last, that we are much better situated compared to 2350 level back then.

Did we have circuit breakers in '07-'09?
 
What gives me pause is we are still trading above 2018 December lows.
Does anyone think with all of known unknowns about earnings, credit markets, and how long Corona will last, that we are much better situated compared to 2350 level back then.

Agreed. Dec '18 was all about "zomg no more QE/higher interest rates!" but that was a condition entirely manageable by central banks.
 
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