Prognightmare said:

---

---

hedge_zer0 said:

---

I mean we still have weeks of this no economy working bull***** Not sure why people are very bullish because of the stimulus package

---

Ragoo said:

---

I guess uncle warren didn't want to make a pitch to acquire a couple under BRK?

---

Quote:

---

Others are even more emphatic. For example, Richard Bernstein, a former Merrill Lynch strategist who now runs his own firm, said he thought investors were still barely coming to grips with the reality of a bear market.

That's not surprising, he said, because a falling market typically has three important phases.
In the first phase, he said, people tend to say things like: "The worst is over. There are bargains out there. I've got to jump in."

The second is: "No, this is worse than anybody ever imagined." Right now, he said, people are probably teetering between these two attitudes.

The last phase is: "This will never end. It's hopeless." That's when you want to be fully invested in stocks, Mr. Bernstein said, and when there are easy profits. It happened in March 2009, when the market began to take off, yet few people believed it.

"It will happen again, " he said, "even with the coronavirus, but we're not there yet."

---

AggieKeith15 said:

---

Won't the stimulus passing give a second bounce before crashing? Seems early to sell today before it actually passes.

---

AggieKeith15 said:

---

Won't the stimulus passing give a second bounce before crashing? Seems early to sell today before it actually passes.

---

Aggie_2463 said:

---

I'm thinking the rally is based on the stimulus passing already, we may move up some more, but I doubt another 1,800 point day.....So basically tomorrow expect a rocket ship

---

Prognightmare said:

---

I like the idea but I'd up the strike price and pay the premium. Then trade them on a big move to the downside.

---