03-26-2020, 11:08 AM
(03-26-2020, 10:30 AM)vbin Wrote: Financial houses have started accepting stocks as collateral to land money. Indirectly fed is buying stocks. Can this market fight with the feds? I don't think so, it's dangerous, can go either way.
That's exactly what is going on vbin. They were also buying treasuries and munis of course which was normal. That was causing the corporate bonds to collapse so they are buying those too now. Anybody think they can beat Chief Powell then short this market hard ad lose in the end. I want no part of that thank you very much. Let the virus subside and you'll get scorched. Going short and buying puts moderation is just good hedging. This is obviously a bull trap rally, but there is no limit to how much money the FED will print to keep this from becoming so bad it drives off all small investors forever. I truly wish I could stop them from panic selling their entire 401Ks. It's happening because they are rightfully scared with their minimal knowledge of this game.. I do think we drop significantly from here and I'll have some cash. I've been trimming my positions for days.