I dont think we are going down 20% today or even 13%. But maybe when the S&P 500 is down to 1250. Then a 20% down move (to 1000) is just 250 pts
This is the moment you’ve been waiting for dude! Only took a global pandemic scare and 11 years!! How short aren’t you!????
It can only go down. I mean it will only go down. As they say, you don't need to outrun the bear. You just need to find someone dumber than you.
Yep 11 long long longgggg years in the making, as you can see markets lose years worth of gains in only weeks.....so it's just proof that fear is very powerful and that if you have patience you will always have stock prices come back down to you. This could be worse than 2008 and 2009. I have mentioned that the next crisis and collapse would make the financial crisis look like it never even happened.
But tell us how you were too broke or too scared to take advantage. Be honest - what’s your position?