Right now being in the stock market is almost like gambling. You don’t know what hand you will be dealt. For 8 days the market was down over 2,000 points. All 3 indexes were down about 20% in just that short period of time. Then on the 9th day, the stock market gave you a Royal Flush and a Blackjack. Of course, if you had gone all in that last Friday, you would have made a killing on Monday.
The question is would you have sold everything you made back at the end of that day or would you have kept on playing. The stock market right now is the House and were using its deck. We had that Friday loss of 777 points, then the Monday gain of 936 points. Yesterday, up 50 points and today down a whopping 733 points. These are volatile times and yes opportunities of big point moves are passed, but big risky days of 700 points are avoided. I say fold for now, till we get a new deck and a new dealer. The house has the advantage and wins 98% of the time.
Final numbers for today:
| 8,577.91 | -733.08 | (-7.87%) | |
| 1,628.33 | -150.68 | (-8.47%) | |
| 907.84 | -90.17 | (-9.03%) |
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