I may take it if trade war restarted. Hope Trump will penalize China but different way. Hope he is smart to delay the battle till US economy sick. Other hand bad 2nd quarter will be (already) counted by market. States are opening. What could be worse than we passed through. Please, make your point why do you think about market double deep.
We're very near the top. Let's not get too ahead of ourselves. Report back in 3 months (08/26/2020). I'm certain we'll be in a very different world by then.
You think this will happen in our life time? Spains empire took hundreds of years to decline, Braitins even longer, and were only a 100 some years old empire, basically a baby one, The roman one even span 500 years depends how you look at it, Thus you think we will see this in our life time?
They are bearish now after the drop, but at the top they will be bullish, its not like the institutional players are exempt from making mistakes or always right
I agree, its the same shit over and over, i think jokingly the reason traders take years to learn is because they learn to spot how the magicians repeat the same trick over and over and after a while you realize its simple, rather than so much skills and knowledge etc etc I was just looking at SPY chart how the bottom stopped after few days of breaking the late 2018 bottom, identical to the 2009 bottom rebounded upwards after breaking the 2002 bottom. The point is, these pundits always repeat the same story since 100 years, the only thing they get is a "new crowd" Like a Las Vegas show, same show, different crowd.
Previous, I take it he means prior to 08/09, when we figured out throwing money at it can detach the market from the true economy.