Just to clarify the U shaped recession. My belief is that the market is factoring a V (short duration) recession, there is a greater possibilty of a U (12-18 monther) but remember Japan and how long it took that great power house of a country to gey out of it's L (++protracted). Last time this situation happened I planned to make a fortune , but the PPT took me out. I don't have the same capital I once did, but I am still in the running. I will probably bungle it again. LOL
friday frolics, page-8
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