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Re: Donotunderstand post# 597566

Thursday, 03/12/2020 8:05:18 AM

Thursday, March 12, 2020 8:05:18 AM

Post# of 796777
Donot, if the virus continues to ramp, THEN we see hospitals overwhelmed, everyone staying at home and economy tanking -- today or tomorrow is not the day to buy in...

Give it 3-4-6 weeks, since we will see much deeper lows in all likliehood

One stock I watch is Macy's, M, they are well capitalized, have decent earnings -- now a 15% yield. And the retail earnings collapse from stay-at-home not even started...

I think we go quite a bit lower sadly