Sorry to be that guy... but just like many of us are prepping food/supplies for the coming weeks, I think it’s only natural that we should aim to outmaneuver what is likely to be a crashing stock market in the coming weeks so that we can protect our families and loved ones moving forward. Personally, I’ve already liquidated nearly all my non-crypto-related stocks, and am sitting ready to aggressively short the market as soon as the storm begins.
When do you expect the market to begin to tank? My guess says it will either be between tonight/tomorrow night, or else on the 17th. Also, what sectors do you think will be most negatively impacted? (Ie financial, energy, tech, etc.) Any other inverse-correlated stocks to buy? I don’t think any of us should feel guilty about trying to stay afloat in the coming storm... God only knows the corrupt politicians have always used their ill-begotten knowledge to increase their wealth!
Best of luck, everyone. WWG1WGA
If you're going to be buying put options or start shorting stock I'd suggest getting into positions before it starts to really take advantage.
Yup! Just trying to decide if I should get them today before closing, or if I can afford to wait one more day. Lot of Q drops seem to center around the 13th and then the 17th as big days.
premiums are dirt cheap. I've been averaging in, because we could just have a normal red day that spikes premiums a bit.