(03-30-2020, 02:50 PM)The Real Marty Wrote:

(03-30-2020, 02:11 PM)jagibelieve Wrote: I've never shorted anything.  I just don't have the experience to do it so I would say that I'm more "chicken hearted" than you.

To be quite honest when I heard The President announce the April 30th date during his press conference yesterday I expected today to be a down day as well.  I'm not sure what to make of it, but in the financial news today it was speculated that at least a hard, firm official date backed by the medical experts in the administration's task force might have had the opposite effect from what I was thinking.  The other thing that was pointed out was the fact that this is the close of Q1 and the start of Q2.

As I said before I want to see how things go this week before I make any moves.

Correct me if I'm wrong, I have never shorted anything, but it seems like the trouble with shorting is that your loss is unlimited.  If you are long, your loss is limited to your investment and your upside is unlimited.