Saturday, May 07, 2022 7:20:16 PM
There may still be a March 2000 style market wide swan dive coming. When(?) is the question, this month or next year... No one really knows for sure..
The FED is playing a risky game and battling a dangerous enemy, Inflation. I know them both all too well. Been in the market since 1970s... 1987 (3 day 40% drop in the DOW) and March 2020 were the crazy ones no one predicted... 2008/09 was predictable, but way too much damage was done, and the Treasury, Congress and FED learned a hard lesson.
All stocks, not just SAPX are at the mercy of the financial markets, Inflation control attempts, etc... for now. Less risk here and now than at 300% higher prices...when it had a stop sign.
Nets out time folks
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