3 ms·
If it were actually guaranteed to be gone, that would matter as a comparison point. The market however obviously isn't fixed and can rise or fall, bounce back o
by adventured 7y ago
If it were actually guaranteed to be gone, that would matter as a comparison point. The market however obviously isn't fixed and can rise or fall, bounce back or not. There's nobody that can consistently, accurately predict near-term moves.
The market could be down another 3% this time next week. Or it could snap back - emotional over-reaction - and recover most of this loss in the next week or three (sentiment on Wall St suddenly changes to eg: this means the Fed will have to step in and cut rates further, so stocks rise back up; it's just about impossible to tell how the wind will blow in the coming weeks, even if there is a hint of real bearishness about re the trade war & China).