Just a reminder - Dow today

[malaise]

−328.60

[Disaffected]

1. Yes, it's volatile lately

Who knew?

[malaise]

3. Apparently not Don the Con

[Disaffected]

4. Rephrase please:

I can't tell what you are getting at.

[malaise]

5. his comment a few minutes ago suggest he did not look at the Dow at closing today

[at140]

2. Dow was up 20% in last 6 weeks

Expect a 1/3rd correction. Stocks Never go up or down in a straight line for 6 weeks.

[Disaffected]

6. I would say

all we can expect is more near-term volatility. Which way in the longer term is anyone's guess and is essentially unpredictable.

A lot depends on how much/little progress is made against the Corona virus and that in itself is pretty much unpredictable.

[at140]

8. Agree 100%

my only point is DOW was up substantially during last 6 weeks, and no one should be surprised if we are followed by some down days.
So you are absolutely right....volatility has been through the roof and it will continue for several more weeks.

[Wellstone ruled]

7. First thing is,

we just had a triple dead cat bounce last week,second,the VIX is starting to go up again.

[at140]

9. Do you have a guesstimate where DOW will be in 6 more weeks? (percentage please) nt

[Wellstone ruled]

10. No way.

We are in uncharted territory and appears volatility will rue the day for some time.

[at140]

11. I am buying serious dips..

Have stayed on sidelines for over 2 years.

[Wellstone ruled]

12. Got some cash on hand,

have two orders at limit hanging.

[at140]

13. Right now covid-19 news is mostly positive

so I do not expect a serious decline this week or next. This is corporate earnings reporting period,
but that is for quarter ending March 31st. The 2nd quarter earnings are going to be shockingly lower.
So some great buying opportunities may show up late summer, early fall. I am keeping some cash set aside for that.

[Dem2]

14. +328 now