they will relent as there people demand money in hard times
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US futures in limit down already. aus market looking down 9%
That is very logical and how I thought I could hide.However the market is unpredictable-for instance I thought Oceania down over 50% and meeting those criteria was a good buy.Probably is an even better buy now but still falling.I tell myself next year it will be fine and have regained losses.
Any stock can still fall and as long as you do not have debt -then hiding in such stocks-diversification of course is a good long-term strategy.
Meanwhile cash is clearly king.
I see that Wall St is limit down at the moment. Last quote I have is 18,202 18,216.
getting very nasty.
Does this mean its time to buy ?
When you're too scared to do it , thats the right time yeh ?
I think lockdown stage 4 will be announced today. Certain stocks plummeted in the last hour