If someone knew that the market was “poised to drop 20%,” they could short the market and make a killing.
“If someone knew that the market was “poised to drop 20%,” they could short the market and make a killing.”
Brent crude started at about $70 before and went to about $126.00 a barrel after we and Israel started hammering Iran. Yesterday, it closed at $91.12.
Another 20% drop would put it under $73 - or close to where it began. I’m good with how things are going.