Read? COVID-19 Bear Market 2020 - Round 2 Coming??? (3)
Posts
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
-
One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
10 months ago
Uncle8888,
ReplyDeleteSomeone also asked this question of the Dow in March 2009, and he constructed a "confidence curve".
From the current Dow's recent peak-to-trough of -37% and bounce of +27% .... it is still within 95% confidence interval of being a Dead Cat. 🔪🙀🪓
The next question is if this is a dead cat, then how much lower is the next low compared to the March 2020 low??
For GFC, it was -13%.
Let see the next few days of market direction. May be also unprecedented. :-)
Delete