Could be. Everything that has worked for over the last decade isn’t working right now. Kind of have to wonder how everyone will be able to unwind their positions at once.
Might be to our advantage that no one holds pm’s anymore.
We’re off the lows a bit. I know we’ll never be allowed to come all the way back, but it does appear there’s some buying/short covering going on in the last half hour.
I wonder if the Plunge Protection Team opened their doors this am? They haven’t had to be active since maybe Covid. Have to like where we are relative to 2020 with Covid. We should be in a much stronger position. “SHOULD BE” 🙂