Could happen - I have been shorting rallies with reckless abandon for many weeks now and I still have not seen what I think is a bottm.
You shoulda seen 1985 to 87. G5 conspired to hammer dollar. Fell at this speed for 2 years. Was way over valued then however.
I think we may see some short covering into the close. Who wants to be short if helicopter ben & co. surprise with a rate cut monday am before the market opens?
Do you honestly think a rate cut to ZERO would do any good? It will just hammer the dollar into peso territory. We'll have stckturdr's 200 oil for sure, then. And a depression.