To: carranza2 who wrote (154592 ) 3/17/2020 10:52:11 PM From: TobagoJack 1 RecommendationRecommended By Dr. Voodoo
Read Replies (2) | Respond to of 219603 RE <<extreme panic is over >> I sincerely hope so, but dunno, because if so, seems too easy. but if extreme is over, we can then migrate to wild, moderate panic, or deliberated, slow, drip drip drip, and other varieties of panic. Then there is always random, mad, contagious, and other flavours of panic. At the end, at some juncture, there should / would be the always good true panic and sincere I-am-sorry / what-did-i-do panic I hope the f(&^%9ucking extreme panic is over because it is really hard to play, for impossible to pick the bottom and yet none wants to mark the interim bottom, and as panic of being left behind is still out there, the kids make an adult game impossible to calmly play. Just watching is more rewarding, for one gets the fun without the thrills. everything being equal I much prefer a single sector bull market, where enough of like-minded folks participate, and not meaningless as most are not. panicking to the bottom is unsatisfying, and shorting is a naturally / mathematically dangerous game under conditions of billions, hundreds of billions, trillion, and doubtless, trillions. but yes, 'they' must fix the market mechanism of illiquidity. whilst volatility is nice, illiquidity not as nice. I understand the two are paired. I do not like the wide bid / ask (happened in the more panicked options market). Anything successfully bought / sold immediately results in a loss is not exciting for mark-to-market. should the bottom floor of this round be pierced, after the hundreds of billions and mailed checks, perhaps psychology changes again. We shall find another term for extreme panic :0)