Quote:
Originally Posted by scho63
Gentlemen, we are nearing a stock market crash like 1987.
Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.
I'm going to load up on S&P puts for 2 months out.
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Timing a crash or even a correction is impossible. People have been saying what you’re saying for 3+ years now.
I think 2021 continues to bull with vaccine rollout, economic recovery and people ready to start spending money.
I think it’s easier to follow the current positive trend but follow positions with stop losses to preserve capital in a downturn.