Part of your analogy of not seeing the worst yet , as you would know only contributes to an increased chance of the market as yet to bottoming (if everyone had your strategy). There is talk the cost of credit is expensive at the moment , and it may be the case , once this is sorted, stability will return.
An article below , of which I'm not indicating to be right or wrong
https://www.marketwatch.com/story/the-stock-market-may-bottom-long-before-the-coronavirus-epidemic-peaks-analysts-say-2020-03-19?mod=home-page
Part of your analogy of not seeing the worst yet , as you would...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.63M | |||
| Open | High | Low | Value | Volume |
| 14.8¢ | 14.8¢ | 14.5¢ | $365 | 2.503K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27685 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 16311 | 1 |
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| Last trade - 14.54pm 19/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |