KSilver2000
Active Member
I get why people would want to cash out at the highs when the future looks bleak. Really.,,.i do. I just wish no one did. Because if we all cashed out for fears like this, we’d all really be in a world of hurt even more so than we are.
Amazingly, the Dow is only about 20% off the recent high. During the recession, the bottom was 50% off the high.
Last week, we were at about 600 confirmed cases.
Today, we are over 3,000.
The models show we will be over 20,000 next week.
This is only going to get worse.
A lot of the closures announced are still voluntary recommendations. And what’s with some cities just banning gatherings over 500? A half-hearted attempt if IMO. We’re eventually going to need forced closures and quarantines. Might as well do it now instead of waiting for the inevitable.