RE: Red Braces Brigade25 Mar 2020 18:01
Yes V they have for a while. Trouble is thats pretty much the last of the ammo before the Monopoly money hits the streets! Well the dow is charging away as though this is just a blip. At the moment it is manageable but as serious as the financial crisis of 2008, or it could be. Nobody has any idea what the financial or human cost will be. Putin is just beginning to take it more seriously but had thus been treating like Trump, an annoying inconvenience that the world is overreacting to. When the next set of economic figures hit the conscious I would think a dose of reality will strike again. The markets get oversold and they get overbought. The nature of this kind of volatility as I have mentioned before can be the precursor to crash. I suppose this time it has not come out of the blue like before, and the markets have come off a fair bit. Basically in the last two weeks I have managed trade my way back to where I was 12 months ago, having collected a couple of purlers along the way. I doubt if we have quite hit the bottom yet. Not sure how long my patience will hold before buying back in, but whatever I do it will be gradual