Actually Port, Disease, war, famine are things that tend to end economic downturns, so killing a good 10 million people could be good overall....
Beyond that, I agree in the big picture I dont think we will work anything out in the broad sense and this rally overall is merely just a correction of the larger down move.
That being said, any re-inflation could send a lot of these stocks for a quick run up. Dont know how high they will get because I will be gone before the top but have no problem attaching my wagon for the ride and let everyone else do the sweat.
In the meantime, 18 bucks is not out of the question, after the next pullback which I was betting came in on the 16th.
Port, bear market rallies are manias of an entireley different sort, and standing in front of them before they are done is worse then getting in front of a train as you have unfortunately seen.
Best of luck to everyone, even you Port, I think Im probably in the same camp as you though in the longer term.
Quote from Port1385:
I didnt get this wrong. The bear market continues on today with BAC and C heavily in the red. Disease is spreading throughout the world with additional deaths and entire cities being quarantined in Mexico.
It wont be long before disease spreads throughout California and Nevada. LVS is down 7% in the premarket and will be down further from here.