Dow was meant to get smashed yesterday, and the trading day...

  1. 6,340 Posts.
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    Dow was meant to get smashed yesterday, and the trading day before that etc.

    In the US, Powell makes the printer goes BRRRRRRRR.

    https://hotcopper.com.au/data/attachments/2097/2097086-20d6b18106ba027d1df9b4cdc157d88e.jpg

    Until the market *actually* turns around, there's no point trying to guess where the top is. You'll just be sitting on the sidelines for days or potentially weeks. If it does happen to turn around tomorrow, then that's just the cost of business and why stop losses are in place.

    Pretty sure every man, woman, child and their dog knows the unemployment numbers (or at least underemployment numbers) are going to be bad. This won't be a shock to the market unless it's in double digits.
    Last edited by demoniaco: 15/04/20
 
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