Yepp props to Dozu888. Permabullishness pays off in this market. I exited my shorts today so logically it should turn around and drop now.
Bingo . Being down 35% after an 11 yr bull is nothing. We should have been down 70% to 1200 like you said . Being are wrongly looking at the drop off the highs which was a crazy mania 11 yr high
1. Every Berkshire Hathaway Company that is eligible for federal funds will apply for them. To think otherwise would be naive. 2. Berkshire Hathaway successfully killed off pipeline construction using their political connections with the Obama administration so that BNSF Railway could continue to monopolize regional rail tanker car transportation for oil and LNG. Rail car tanker transportation is inherently NOT safer or more ecologically friendly than pipeline transportation. Point being - Berkshire Hathaway benefits tremendously from the government.
This market made me drop my shorts and I'm trying not to get screwed! Seriously, though, I was whipped right around 2500 like OP said. I've been long for a few weeks because I obey my models, but I'm not feeling very comfortable. Regardless, I trade models, not emotions.
Actually, I did pull the trigger at the recent lows, so it wasn't impossible to read the signs that the market was turning.
Post a screenshot of your entries otherwise you are full of shit Also, many people bought near the lows (I had SPY at 221). HOLDING IT was the hard part (I sold 240’s unfortunately)
You miss the point that the fed and treasury committed a third of the GDP, so yes, its as the crisis never happened because they will make it up, takes time, but will do so, Mario Draghi developed this play book back in 2012 when he said will do "whatever it takes" now the fed is using the same book