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This presumes that the markets don’t rebound, the managers of
these funds cashed out at the dead bottom, or portions of both.

I doubt the losses will be as bad as they are saying.

One more attempt to milk a cow that’s already given five
gallons today.

11 posted on 03/25/2020 7:59:42 PM PDT by DoughtyOne (Hi! My name is Larry, and I'm a COVID-19FearPhobicAholic. Hi Larry, welcome. We've been there.)
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To: DoughtyOne

The market made back over 2,500 in a blink.

A lot of the loss is panic selling.

I bought TQQQs the other day and I DO NOT recommend them as the move at the 3x the rate of the nasdaq in BOTH WAYS.

That means you lose 3x as fast also.

I didn’t buy a lot.

And I bought at 36.

Could get clocked that’s why I didn’t put a whole lot into it.

Trade with your head, not over it :)

I always wanted to use that line :)

Not you, Doughty, you’re too level headed, as I already know.

Much more so than myself :)

19 posted on 03/25/2020 8:24:23 PM PDT by dp0622 (Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
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