04-28-2020, 09:00 AM
Another up day
This back to work movement is going to make the market go up
If there is a covid19 relapse then the market will drop, maybe big? idk at this point
At this time, the market might behave very forward looking, if it thinks the worst is over it's not behaving what's happening now or even within the next two quarters it's looking out 6 to 12 months from now.
We might not only see the market high--it might break that high in 2021
Having said that, it doesn't mean there won't be some big drops on negative news or even profit taking here and there along the way...
We make our money in times of turmoil, the question is how long does that turmoil last? This corona came quick, caused a lot of chaos--imho--when we look back on this time we will realize this was a very good accumulation phase but short--not as long as a lot of people thought it was going to be....jm2cents
I'm a perpetual bull because I believe the market spends more time going up then down--however--I thrive in bad times--gets my blood flowing!
This back to work movement is going to make the market go up
If there is a covid19 relapse then the market will drop, maybe big? idk at this point
At this time, the market might behave very forward looking, if it thinks the worst is over it's not behaving what's happening now or even within the next two quarters it's looking out 6 to 12 months from now.
We might not only see the market high--it might break that high in 2021
Having said that, it doesn't mean there won't be some big drops on negative news or even profit taking here and there along the way...
We make our money in times of turmoil, the question is how long does that turmoil last? This corona came quick, caused a lot of chaos--imho--when we look back on this time we will realize this was a very good accumulation phase but short--not as long as a lot of people thought it was going to be....jm2cents
I'm a perpetual bull because I believe the market spends more time going up then down--however--I thrive in bad times--gets my blood flowing!