RE: WARNING SIGNS ABOUND FOR U.S. ECONOMY

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WARNING SIGNS ABOUND FOR U.S. ECONOMY

in economy •  7 years ago 

What is unfortunate is I need a stock market drop of 90% just to break even. So even if the market crashes in the Spring, I need DOW to go down from 21,500 to 1,590 just to break even because of decay and contango. So I need a huge crash to break even. I wish you knew Putin's phone number because a 90% crash has never happened in history. Do you think the DOW can drop to 1,590 so that I can break even? I started shorting six years ago.

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I think you might have missed your dips to sell on over the last 6 years my friend.
Wish I could tell you how low the DOW goes when the crash happens.