Post
Topic
Board Speculation
Re: Monthly updates and thoughts about the market
by
fillippone
on 06/08/2020, 14:38:09 UTC

That's quite easy to say now, in hindsight, after the Fed pumped $3 trillion in QE (75% of its balance sheet) inside ~3 months, with another $3 trillion in stimulus spending by Congress over the same period. These levels of market intervention were completely unprecedented. We're talking 10x the size of TARP and beyond. It's downright silly to make comparisons to previous generations of QE and say it was rational to buy the knife in March (or not to sell) on that basis.

It's funny, I was one of the only people around here predicting a V-bottom in stocks back in March-April. Now everyone is trying to act like it was so obvious.....

I don't want to be too technical, but of course when oil traded negative or equity dividend were battered of course it was very easy to pickup a good trade.
While expressing views here on the forum you also have to consider who you are talking to: you don't want to say "Go out and buy!The time to buy is when there's blood in the streets!"

It you did experess the V-shaped call, well done! Hope you also profited from this view!