As I see from my long experience, but did not have that crap happened in my life experience I only can say you folks we be surprised how we will resolve this crap too.
Like i said the rally has been much much more amazing than the decline was
- Thread starter hafez50
- Start date
The best part is that the rally might have just begun. In the late 90s, Fed panic over the EM crises and Y2K arguably caused the dotcom blowoff. Corona might have the same effect this time around, with a much greater magnitude.
Nutty? Sure, but now consider that this rally is even more hated than 2010-19, institutional players are heavily bearish having puked at the lows, while the Fed is now trapped into keeping the money printer running full blast. The only stumbling block I see is the election, but a consolidation through year-end would set up a massive rally for 2021.
Nutty? Sure, but now consider that this rally is even more hated than 2010-19, institutional players are heavily bearish having puked at the lows, while the Fed is now trapped into keeping the money printer running full blast. The only stumbling block I see is the election, but a consolidation through year-end would set up a massive rally for 2021.
I guess, you can not compare 90s, y2k, 9/11, 2008, I went through all of this crap.
Besides this all could be right.
Price goes the way of fewest resistance. Everybody buying puts means what?
Sure that how it goes. I would be surprised if it comes opposite.
Some pundits on various sites keep talking about the inevitable inflation. Prices on commercial real estate are falling, same with cars new and used, etc. Where will the inflation be? Pundits, it is already here, in the form of radically higher stock prices than in March! All that money being created out of thin air, combined with the policies of various Central Banks, has created an inflated market that is quite detached from the economic slog ahead of nations. The one percent front-ran the Fed once again, knowing the inevitable, at least for a time ...
Although the odds may be against it, I am not completely convinced the lows will not be revisited, because we live in an incredibly complex and unstable environment. US-China tensions could explode, what if something happens to Trump, health-wise, or other wise. Part of my education was a professional degree in international policy, and I have seen some strange things over the years. Events have already happened in this bizarre year of 2020 that have made my head spin, and plenty of the year is left. As the saying goes:"May you live in interesting times."
Although the odds may be against it, I am not completely convinced the lows will not be revisited, because we live in an incredibly complex and unstable environment. US-China tensions could explode, what if something happens to Trump, health-wise, or other wise. Part of my education was a professional degree in international policy, and I have seen some strange things over the years. Events have already happened in this bizarre year of 2020 that have made my head spin, and plenty of the year is left. As the saying goes:"May you live in interesting times."
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Oy vey, what if stone will fall on somebody’s head...
Finally broke 3000 and am surprised not more 3day bear pullbacks during recent run.
I still think that a major selloff is possible soon. If so it'll likely be hard with cb halts etc
But in the meantime I trade what I see like TNA PENN CGC etc in addition to inverses which have been terrible lately