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Theres many ways to do that without unlimited downside. Buy long dated puts. If you really think the DOW will hit 7000, then buy gold because everything will cr
by frockington1 6y ago
Theres many ways to do that without unlimited downside. Buy long dated puts. If you really think the DOW will hit 7000, then buy gold because everything will crumble. What bad news do you expect to cause the market to decrease by 70%? States are opening up with success and even South Dakota who did absolutely nothing seems to be doing pretty well
- ceejayoz 6y ago> What bad news do you expect to cause the market to decrease by 70%? The recession we've just entered? > States are opening up with success Sure, and the Iraq War was winding down back in 2003. https://en.wikipedia.org/wiki/Mission_Accomplished_speech https://en.wikipedia.org/wiki/Mission_Accomplished_speech
- Spooky23 6y agoWhen companies miss their revenue by 5%, the stock plunges. We're in a reality where whole industries are nuked. I'm friendly with the guy who owns a gas station franchise -- his business is down 90%. The oil company, CocaCola bottler, candy distributor, Frito-Lay franchisee, gift card network, etc are all feeling that.