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 Clearing stocks before the coming crash, what have I missed out in the analysis?

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zulfadzlis
post Apr 7 2020, 07:03 PM

On my way
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QUOTE(Yggdrasil @ Apr 7 2020, 04:15 PM)
Time to switch to bull gang?
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This is a bull trap . Alot of greedy investor will buy in & then the market will collapse. I think the market will bottom on mid may
zulfadzlis
post Apr 29 2020, 09:23 PM

On my way
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Senior Member
619 posts

Joined: Jun 2009


I do not think we have reached the bottom just yet. I do realize that stock market always tend to be forward looking. However, I don't think it's forward looking enough. Look at US unemployment numbers & their all time high debt level. This is on top of 1 million covid-19 cases as of yesterday....

Whatever that is happening now is purely coming from fed intervention & their helicopter money. Hence it's a bulltrap. Once the companies starts reporting their Q2 results, shit will hit the fan. Massive selloff will happen & even the Fed intervention won't be enough.

This is my 2cent worth of view.

 

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