Took cash to zero on Friday. Wife says big mistake; everything is going to get worse. Can't tell if she's right or huge contra indicator.
Show this thread
Imho she’s right. Retail investors not yet panicking as of Friday. This will get much worse before it gets better. Retail will panick.
-
-
Friends I know have buy orders queued for Monday.
-
From 2007’s ATH to 2009’s low, markets dropped 55% over 17 months. Even if the virus is not deadly it will cause quarantines. They will bankrupt many companies causing financial contagion that may dwarf bear stearns/Lehman. Hard to imagine we get a 1 week 10% drop and we’re done.
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.