“What do you bet the down rises sharply in the Spring of 2009.”
Guaranteed lock - the market is going to bottom this month.
The VIX is off the charts. Major industrials like GE are at 10 year lows.
My portfolio has gone to cr*p with companies in energy sector that have been more than halved in a month.
It’s too late to sell. Once the weak hands have thrown in the towel, we rebase.
We will have a recession of a few quarters, but markets are leading indicators. This is a lot like 1987.
The time to buy big is near (if we are not already at it).
I used to trade straight futures, but commodity margin prices have skyrocketed compared to what I could deal with back in 2006.
So now its hard to get in on either side of the market if you’re a little guy.