Well, thats why I said trade your signals and you'll be fine. But I disagree on the time thing. We're going to enter a major recession when this dust settles.
Zandty....so we are in a "minor" recession right now ? The market is up due to Fed stimulus and hopes for a vaccine by year-end....and tech is carrying the market up based on some of them reporting stellar earnings.
I agree. We are in one already I would imagine. But the Fed is already committed to perpetual asset inflation and has now publicly announced it is ready to do what ever is necessary to take the Volcker lid off inflation. So, essentially, Pandora's box is being opened, Venezuelan style. As Venezuela's economy crashed, their stock market ripped like no one has ripped since Japan circa the late 80's. We can have a prolonged depression without declining stock prices because unlike the last depression, we now have fiat, i.e. imaginary currency. https://www.barrons.com/articles/th...nk-as-inflation-heads-to-1-000-000-1532517514
Indeed...I agree. This is such a f*cking lonely business. I remember my days at the prop shop....now that was fun. ...all of the yelling and swearing.....LOL. Here at a home office alone, not so much.