Originally Posted by DrSteveBrule

anybody's guess. Feels more like a long overdue correction than a recession, but we're one isolated outbreak from another 5 percent down day. It's pricing in the global economy now, i still dont think a wide spread US outbreak is priced in. Until one happens, i suppose it doesnt need to be priced in. When i look at industrials, i see anything staying above DOW 25k as a bull market correction. If she slips below 25k? Now we're flirting with 20% retraction. I hit strike and sold my AAL puts today. Holding my Save 32.50 puts but nearly sold them. My brain is telling me there is no good reason for people to reinvest in transports right now. Put window is gone. Volatility is nuts and i cant stand it. My goal is all cash before 4pm Friday, then wait.