Is the market day over already?
“Turn those machines back on!”
1600 hours, but it seems steady around -500.
Everybody talks about it when the market goes down. On days it goes up 700 points no one says a word.
It has to go down more, many stocks are too high considering where their future earnings are headed. Just part of working off the excess, like every other recession. It’s just starting, the market usually bottoms about 6-9 months before the economy does. Lots of pain to come but it’s necessary.
We are making progress, the permabears/collapse hopers are getting orgasmic, which is always a good sign.
The Plunge Protection Team will be called in