"anatomy of a crash?"
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there’s a huge amount of professional investors with cash on the sidelines. not all companies have access to the financing, it depends on the ratings. narrative of the coronavirus is over is evaporated, and the population of bulls betting on calls is culled. global overleverage
Yeah makes sense. Call/put ratio is higher than Feb 20th too. A lot of retail investors have piled in over the past 3 months buying the dip, so that could make for more volatility if the market goes against them. Still... I’ve lost a lot of money betting against the Fedpic.twitter.com/ZIsJEVj7GD
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