Quote:
Originally Posted by McLovin
Yes. And the market completely ignored it and broke more records going up today.
That tells me we’re seeing a lot of irrational exuberance.
I’ve changed my outlook from yesterday. I think we are going to see another significant drop.
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I'm thinking it's already factored in.
Sure we'll see a W shaped recovery, we almost always do.
But unless you're day treading, look at the longer term picture.
it will go back up.
Next week? Next month? next year?
I'm expecting it to recover a little over the next year, maybe 10%. And then gain steam after that.