Why short a rigged market. Who knows what will happen from day to day with orders to the Fed to save the market at all costs. Can’t fight Washington.
I went short on DJIA Components a week ago Friday. Cashed out big about an hour ago.
My point is this: My wife and I have been long-term buy and hold investors for 40 years. Through ups and downs, hot and cold, night and day. We planned, studied, and invested wisely. We could have bought gold, property, bonds or whatever. But equities - historically - have the best long-term return of ANY investment, bar none.
We have been rewarded well for our patience and diligence, so the old BS that markets are “rigged” is just that - BS.
We were both able to retire at age 59, and are able to do extensive traveling. We had the courage of our convictions, and put down real, earned dollars to do this. We will continue to so.
We bought Thursday and Friday, and will buy more today.
Now if you think it’s all going to hell, put your money up. Short the market. You can make a lot of money in a hurry if you really believe what you say.