(04-03-2020, 12:09 PM)jagibelieve Wrote: I do hope and think that market will resist testing or breaching the lows.  We briefly exited "bear territory" (20% above the lows and specifically in the case of the DOW around 21855) and are flirting in that range.  The volatility is not there and we're not seeing any wild swings one way or the other.  Even after today's news regarding the jobs report the DOW is only down around 1.5%.  With that being said it certainly could change.

My guess is that once we do see a flattening of "the curve" regarding the virus and people are able to get back to work we will see the market turn around rather quickly.  My thought is that will probably happen sometime towards the end of May barring anything unforeseen happening.

I may have posted this recently but cannot recall.  Anyway, one of the brokers on CNBC stated that there are a lot of investors sitting on the sidelines, waiting to jump back in the market.  They followed that statement by also noting that this was not the case in 2008 since most were not certain when the recession would end.

Can't wait for the day when we have a week of positive numbers.

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