Read? COVID-19 Bear Market 2020 - Round 2 Coming??? (3)
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A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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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...
1 day 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. :-)
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