Thursday, March 12, 2020

New Normal

Panic bells 
It's red alert
There's something here
From somewhere else
--Nena

Another morning with some breathtaking action as the circuit breakers were activated almost as soon as trading opened. Dow has been flirting with -2000 (~ -8%) most of the am.


Funny how these outsized moves are beginning to look like the new normal.

Once again nibbling here and there.

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