So now that the market seems to have calmed down, possible bottomed....for you seasoned investors....was this a black swan type event or just a sped up version of a typical downturn? (Cont)

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Wait for the earnings and unemployment #s to hit. The stimulus euphoria is over.

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I can tell you from experience... bottoms are NOT calm. 🌈

likefunny

The rally was the bull trap, it’s going down now. For the ppl who are saying I am timing the market .. I am looking at technicals.

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The market hasn’t bottomed until almost everyone is convinced that stocks are a bad investment. That’s what a real bottom of a true crash looks like...when most people think there is no hope.

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calmed down? And bottomed?

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I am new at it too, I just did a lot of research for the last few months. Sold before the drop cause I felt that ppl were in the euphoria state. Then started buying at the dips, now waiting for the big dip. Holding onto my cash with only 30% in at the moment.

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How much did you make

I think we have a ways down to go. If any of the expected scenarios on duration, infection rates and death tolls are even close to accurate, we have a long way down to go I would imagine.

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More so curious cause I’m fully invested with how much I’m willing to risk and didn’t jump out so I just have to sit here and wait for it to catch back up vs getting in while it’s so far down. So curious what the next 20 years would/could hold while acknowledging that this was something almost no one could predict (the outbreak)

I think I entrapped myself early by saying it’s calmed down. I’m new at this so my bad 😅. Even if it’s still to go down, my other question still stands.

Look at volatility. The intraday % swings. That’s all you need to know to know it is not calm and the pain is not over....

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You also can’t think of it so black and white - take into account the situation at hand...worldwide we’re at 600k cases and it’s still vague on the timeline of the virus - at what point can we continue going back to a “normal” life? When you look at the market in this light, it seems like there’s a way to go until we figure out this virus since it’d be impossible to just resume life without potential upticks in cases occurring. At some point we either need positive information that gives clarity on what’s going to happen with combatting the virus or we’ll continue on this slump. Either way it does not appear like the bottom is here.

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