You can repeat that all you want but without MAJOR intervention there will be a huge sell off...and part of it will be margin calls.
ON the bright side
Will Meade
@realwillmeade
·
4h
If you’re a bull the bloodbath tonight and tomorrow is exactly what you want a huge 4% drop taking out recent panic lows then we likely bottom this week. This feels like the real panic low tonight.. Fed now likely to cut another 25 to 50 on 3/18, and may telegraph it this week
What billionaire earns most of his money thru short selling? Soros
Also large stake investor of WuXi App Tech in Wuhan. Just down the road from where this started.
He will earn billions tomorrow alone.
It’s time to reinstate the uptick rule at the SEC to slow the slide, or we are looking at 2008 happening all over again.