Quote:
Originally Posted by PaceAdvantage
If anybody listened and bailed around 2800, don't touch this market again with a 10-foot pole. There is no telling how low it will go and there will be NO appreciable "V" shaped recovery or quick snapback.
We're digging ourselves the deepest hole we've ever seen, and yet people just want to dig even deeper...have to get away from that virus!!!
Forget about the failed businesses and the massive amounts of unemployed people the longer this goes on...
What about what the gov't is doing in terms of monetary policy? What kind of hole are they digging?? They were in a giant hole before.
No way this doesn't take 10 to 20+ years to fix in the end...
I think everybody will know when we hit bottom in the market this time around. There will be no mistaking it. We're not even close...UNLESS there is a major turnaround in current policy, which will never happen.
I hope I'm wrong, but I know I'm not.
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there will be a decent bounce around S+P 2000. the amount of that bounce will give us a pretty decent clue as to how much more this thing will fall. the one thing for sure is that we are at the end of the 40 year bull market in treasury bonds.
