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Alias Born | 05/27/2011 |
Friday, March 20, 2020 2:57:00 PM
Next week is going to hurt.
I would not end today holding shares.
Next week is when the reality of this virus hits home.
Big red is coming again. This time its gonna be the crushing kind. Today was smoke and mirrors.
Heres why... next week.
-the case numbers get way out of control and lots of people begin to die.
-the hospitals will be overwhelmed on the coasts.
-more central states begin to enact even stricter policy as their numbers head to the critical 1000 number.
-food becomes more difficult to obtain.
-jobless numbers continue up
-money becomes more illiquid as people realize it is not safe to spend money.
-Possibilities may even include a national lock down and the fabled running of the banks. Who knows. I do think we will see a "reality factor" really set in next week.
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