(03-03-2020, 08:58 AM)homebiscuit Wrote:

(03-03-2020, 08:46 AM)The Real Marty Wrote: I am not the type that trades in and out and tries to figure out where the market is going today, tomorrow, next week.  That is a fool's game.  

BUT- if I were to try to prognosticate, I would say there will be bounces like the one Monday, the market will gyrate, and then eventually, in the next month or so, it will slowly start grinding down as the real economic effects of the virus assert themselves.  

The market bounced on Monday because it thinks the fed will pump up the balloon again.  

Here's an interesting article:   https://seekingalpha.com/article/4328977...black-swan
The author's prediction for the following Monday was not correct, but if the reason for the bounce Monday was the expectation that the fed would bail us all out again, that explains it.

I'm sure the Democrats are ready to blame Trump, and Trump is ready to blame the fed, the media, and the democrats, and everyone else on the planet, but in reality, no one is to blame.  This is the infamous black swan.

That does it. I’m investing my dollar bills in lap dances.