Thread: Buying stocks?
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Old 03-18-2020, 04:27 PM  
Idigmygirls
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Join Date: Jan 2007
Location: Vancouver, BC
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Ever hear the phrase, "Don't try to catch a falling knife?"

Stocks are way way too expensive still. This pandemic has a long way to go yet, and America is still not locked down. Wait until everyone has been locked at home for 3 weeks with no end in sight, and then maybe there will be capitulation (after the bank runs and bank failures, after the Derivatives market wipes out several major companies that are too leveraged to survive...). After all that, when markets start to have green days and are 70% or more off their highs - that's when to start thinking about getting into stocks....
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