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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Techster" data-source="post: 725496" data-attributes="member: 360"><p>There's a LOT of money to be made on false hope. Valuations and stock prices over the last month were not based on reality. If you got in while the market was down, you should probably take some profit.</p><p></p><p>The Covid numbers are about to take a turn for the worse. We literally have some states threatening to lock out residents from other states because infections are getting so bad. Europe is debating on whether to let citizens from the US fly in. The numbers of opening up a month ago are now starting to rear its head, and that's not taking into account the 2 week trailing effects this virus will have over the coming weeks and months. The Economy is about get clubbed like a baby seal, and the Fed and US government has about used up all of their bullets.</p><p></p><p>Take your profit, and put it in your war chest. Prices are head into red territory with opportunities all around if you have patience and discipline.</p></blockquote><p></p>
[QUOTE="Techster, post: 725496, member: 360"] There's a LOT of money to be made on false hope. Valuations and stock prices over the last month were not based on reality. If you got in while the market was down, you should probably take some profit. The Covid numbers are about to take a turn for the worse. We literally have some states threatening to lock out residents from other states because infections are getting so bad. Europe is debating on whether to let citizens from the US fly in. The numbers of opening up a month ago are now starting to rear its head, and that's not taking into account the 2 week trailing effects this virus will have over the coming weeks and months. The Economy is about get clubbed like a baby seal, and the Fed and US government has about used up all of their bullets. Take your profit, and put it in your war chest. Prices are head into red territory with opportunities all around if you have patience and discipline. [/QUOTE]
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