Posted on 04/07/2020 11:01:26 AM PDT by oh8eleven
I think if Trumps opens it up a bit the “experts” are going to be shocked at the rebound. Before this hit the optimism was at a historic high. I do not think that reservoir has been drained. As long as it gets started in May I’m betting we will be fine. One HUGE caveat, if it gets opened and the virus comes back with a vengeance the market will crash like the Titanic. like 15,000 would be my guess.
I agree.
The confusing thing about markets is how they are “forward looking.” The price today is based on the consensus assessment of how things will be in the future. If the assessment of the future improves, the price will rise. If the assessment of the future falls, the market will fall.
So, it does not matter whether the future is better or worse than the present. It ONLY matters if the future is better or worse than what people currently THINK the future will be like.
You could just make it up and be just as accurate as someone who carefully studies it because no one knows what each day is going to bring as far as world events. Things will either get worse, better, or remain about the same.
> You could just make it up and be just as accurate as someone who carefully studies it... <
A number of years ago some guy decided to pit a monkey named ‘Leonard the Wonder Monkey‘ against stock market guru Jim Cramer. The monkey would make his stock picks, then compare them against Cramer’s.
The monkey won.
(There wasn’t actually a monkey. The guy just randomly picked stocks and then attributed them to Leonard.)
LOL! As long as you have “plausible deniability”, you’re good.
The QE garbage with the coming effects of all these businesses being destroyed by the government(s) will cause the dead cat to bounce over and over in the near term.
Lot’s of $$$ to be made.
I do not understand why these threads contain zero information from posters about actual stocks.
“The Market” for successful investors is not the S&P or anything else so vague.
I bought NCLH and some other cruise lines (not CCL) immediately and sold some time after.
I bought PFGC and a few other “panics” and sold.
With these earnings I bought more F, GE, TEVA, XOM, others and intend to hold with good sell orders in place.
“The Market” is you.
For every buyer there is a seller.
Bingo, Viking!
I believe tomorrow will be the the critical day. If the Saudis would pull another trick the energy will crater dragging the rest with it again.
I can’t exclude that this little prick crown prince is doing this exactly for that reason to earn off shorts as a result.
Although there is a possibility of sucker’s rally if there will be a sort of a deal. Which won’t really work again with the same end result but delayed.
Hope I am wrong.
Interesting! Thank you.
It seems like the second variant is playing out as expected.
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