Re: DreamboatAnnie's Account Talk
Originally Posted by
FireWeatherMet
Gotta stay unemotional about this. There was an article that showed when the dow drops 5% in 2 days, it recovers its losses very quickly.
My worry for those exiting here, is a sharp, snap-back rally brings the indices back up 2-4% in just 1-3 days.
One of the few things Trump has said that makes sense, is that we are past the peak of flu season...with the end of flu season in April...if new cases start falling off in the next week or two, the market is going to come roaring back in an oversold fury.
When those "Oversold" furious up surges begin, they typically do so with a bang, and almost impossible to time, you have to be pre-positioned in stocks ahead of time.
Indeed, Warren always says to buy when everybody else is panicking. I just wish I had an IFT left, I missed the drop, but I have to wait till March 1st. I'm in agreement with the idea that things are going to wind down along with the flu season. FYI a surgical mask is not going to prevent you from getting the coronavirus, or the flu. Best advice is frequent hand washing. Per the CDC you need a full body suit and a respirator mask to prevent transmission of Corona virus if your in direct contact with someone with it.
Expected FERS Retirement; December 2028
Thru-hike the Appalachian trail spring 2029
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