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Thursday, February 27, 2020 10:37:37 AM
Coronavirus cures and vaccines are being fast tracked. I believe in big pharma's, bio science and academic researchers abilities to win.
In the meantime, breaking news can occur at any moment in time, or buyers may step in whenever they think the market drop has gone to far. They may put a bottom in.
But that might not be until the DOW hits 14,000 or average P/E's drop to 8x to 12x.
21x was too high a week ago, but the correction isn't normal.
We are in uncharted territory.
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