- Apr 3, 2016
- Reaction score
The virus could be cleared tomorrow and this market will still drop 15-20% from here. There is so much debt that needs to be unwound.Until there's clear evidence that the virus is receding the stock market will be on a roller coasterIMO, is was worse than a head fake. The VIX is sky high and todays rally pushes the high end of risk for the VIX even higher. I wouldn’t be shocked to see a 12-15% rapid drop relatively soon.I agree. I think today’s massive 2000 point rally was a head fakeThe market won’t hit bottom until all hopes of a quick or V shaped recovery are extinguished, so why would anybody be looking for long equity plays now. We have weeks if not months before this bear market will flatten. Plenty of dorayme to be made on the short side now. Ask me in 6 months...maybe.