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bucolic_frolic

(54,997 posts)
4. Been a painful 3 weeks
Sat Mar 21, 2026, 10:35 AM
Yesterday

for mutual funds especially even if foreign and not indexed.

I hedged on Friday. Raised cash and hedged much of the rest. I heard Bravos say AI/Tech will be viewed as risky in the weeks ahead, and heard Micron could halve over the next year or so (from Soloway though I didn't pay strict attention to the numbers). He did say S&P 6550 was the level to hold and it closed way below that. So yes, downside ahead, time for preservation mode. IMHO.

By the way, looking ahead .... fertilizer rationing, crops poor, no pickers, expensive trucking, layoffs, gasoline $4+ now, all global problems. Any idea all this will rebound to return to normalcy is delusional. Some article said it will take 5 years to repair LNG facility in Kharg Island. How much is your electric bill? Think it might go up?

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