“Holy week is going to be a real rough ride. Hold on.”
Pray for the novice investors and trader. They will get killed in this Bear market...
Short sellers will get killed too if they get greedy and take positions too big for their fast fingers. The Fed will be intervening and we are going to see 400 pt swings in very short periods of time. I’m taking small short positions on the counter rallies. If we don’t rally and just totally selloff I’m just watching for the history of it all. It’s not doomsday, we’ll recover, but some will get wiped out. BE SAFE. DON’T GET GREEDY.
Here’s from the Founding Father’s Quotes thread that I thought was apropo:
“We should never despair, our Situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new Exertions and proportion our Efforts to the exigency of the times.”
George Washington