Wow, the Dow! a huge indicator for economic wellness has plunged! point of recovery is 3 possible areas. I 'm looking for a retrace to the golden pocket area short to mid term. Best case scenario is the 18055 level, second, the 15192, worst case scenario, the 11439, and even lower possibly. I know the corona virus is gonna be blamed for this, but we all know, the hyper inflation brought to us by QE, not QE, amongst other treacherous financial regulations and practices starting with the introduction of central banking, and later taking the dollar off of the gold standard and instead ushering in a debt based monetary system after Nixon, who was a crook. In times like these, I am buying puts on my favorite tech stocks and industrial stocks. hedging with gold, Bitcoin and other cryptos. Be safe out there, I am waiting with puts bought and bitcoin bags packed to look for signs of strength in the market.
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