Monthly Archives: March 2020

The market went down…

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The market went down…

  1. That’s total bullshit.  I didn’t event know that could happen.
  2. It dropped so much that it’s back to where it was (checks notes)…four months ago.

 Source: https://sentimentrader.com/blog/an-extreme-in-extremes/

Four months of paper gains…gone just like that.  Oh the humanity!

Maybe the bigger story is that the market went up 13% [insert gain of your choosing] in four months [insert time period of your choosing] with no real catalyst?

And please stop comparing this to 2007 / 2008.  People were losing their life savings (this happens when you save more than you spend, strange I know) and their homes (yes, home prices can go down toobut don’t start calling me to Nostradamus yet).