03-31-2020, 01:40 PM
(03-31-2020, 01:26 PM)divmenow Wrote:(03-31-2020, 01:10 PM)fenders53 Wrote: Because the earnings misses will be epic and a lot of companies are taking on enormous debt level that may harm them. Those are the most important reasons to me. History also says bear markets last longer than a couple weeks.
Its like 3 to 5 months lol. The market priced in like 3 years. We already know earnings won’t be anything special for at least 2 quarters. You don’t need to be a genius to figure that out These companies will be just fine. The government won’t let them fail. At least not the big guys. And the ones that go away will be small companies in your neighborhood. Some retailers like Gap and Macy’s. The movie theaters and things like that. These are different times now. Better buy before you get left behind
Haha this is fun. I'm just glad I have this forum to read while I'm stuck in the house all day
That makes sense. I don't' see as many companies going under as to some are saying. Sure some restaurants, maybe some consolidation in the airline industry, entertainment companies. But for the most part companies will come out of it just fine. This isn't the Great Depression lol. I'm sure we will all look back and as always wished we bought in these times. I see so many people, businesses helping companies, employees in these tough times. Look at go me fund. OMG its crazy how many people are giving to help others over the past few weeks. America is great and will be great again. I'm very comfortable buying stocks here. And some i will leave alone lol
Fenders just wants us all to sell because he has all that cash burning a hole in his pocket lol But the truth is he know's as much as I do as to where we are headed from here. His guess is as good as mine haha
What dou buy today Fenders?? Come on dont be shy