Here comes the pain

If you are not in - great. If you are long - you will have a interesting experience. If you are short - you have my respect big time.

Here comes the pain.

 

Here comes the pain? Where have you been for a month?

 

I'm still posting and so are you. Props.

 

Here comes the pain? They are already talking about a cure for the virus, here comes the money!!!

 

Don't see why everyone has to try and pick the bottom. With all the recession talk, even if you do, and get a multi day bounce, we're probably just going down again.
Personally, I can't see a big bounce without some good news. We've had all the central bank news, which hasn't had an effect yet, will take a while to filter through. Other than that you need one of:
Vaccine
Curve under control
Society restrictions being eased
Etc

 

Of course. We had them and we hit them

 

The Pain just keeps coming. European Banks say we are going to help. Short time bounce. Then the Pain.

Need to know something about the Spendings Multiplier. A decrease in spending is a multiply of the initial decrease.

Actually things like car loans and such were in bad shape but not everything and anything is there in all its ugly glory.

 

Here comes the pain. Dow futures are now down 419. True it does bounce around. But if I was long I would be sweating it Big Time.

 

Lots of opportunities but, you have to grab it. Step in and grab it or miss it. Lots more whining by the ET trolls, probably, because they still have long positions and getting burned big time.

 

Staying long at MES 2430. Why? This is why.