To: TobagoJack who wrote (154993 ) 3/22/2020 10:47:01 AM From: Lazarus Read Replies (2) | Respond to of 218819 What if the $6-8 trillion is only the oxygen --- but the patient ends up needing to be intubated. I still think the market is trying to price in 1 billion people "sheltered in place" including 40 million in California which is the 5th largest economy in the world. Also -- as I mentioned previously, many boomers are currently complacent because the market has "always come back" -- but at the same time they have been caught in the downdraft so its understandable that they are trying to be optimistic, while at the same time they may also be saying to themselves ---> TRUE THE MARKETS HAVE ALWAYS RECOVERED BUT I'M A LOT OLDER NOW AND MAY NOT HAVE THE TIME TO WAIT IT OUT (and, god forbid, what if I get this damned virus?) I believe the majority of what we've seen so far has been hedge funds, institutions, etc = institutional bear market. I suspect the next leg down will be boomers and the general public throwing in the towel = the beginning of the secular bear market. (which will include a lot of millennials whose mantra has been BTFD. ...and fwiw, I'm even feeling bullish (which is me most of the time) but have to temper my feelings with reason. Yeah, the market wants to get ahead of the curve, and yes, EVERYBODY WANTS TO BUY THE BOTTOM, and nobody wants to miss out because --- SLINGSHOT! So, I say too many raging bulls still kicking. Dow not looking so good right now .. but hey, wtfdik, maybe $5-10 trillion will stabilize the patient. Re: am thinking sure the coming week would be calmer Of course you could be right if calmer means the down days are only 200 - 500 points on the Dow and 20-50 on the SPX