Quote:
Originally Posted by Humdizzle
Airlines/hotels up again today.
i'm buying about $500 more of park hotels at $11 a pop
|
I'm buying more park, but waiting for a week or longer depending on how things develop. It's not going to go up by much at this time (nobody's going on business trips anytime soon), but still has potential to come down.
Quote:
Originally Posted by premier3is
Market is up 1000+ points today after a record breaking 3.28 million jobless claims have been filed for unemployment and COVID-19 continues to rise and death toll increasing daily....
This sounds like a bull trap to me unless someone has some wise knowledge to spit and explain what the fuck is going on? People are really just betting on this stimulus bill to change the whole economy it seems.
|
It is. This was the similar reaction the markets had when the stimulus package was announced in 2008. Thinking worst was behind us with Bear Sterns & Lehman brothers out of business and government stepping in to aid the losses. Little did we know market wasn't even half way down to its final bottom.