Course And Heading 03/30/20

It is difficult to discuss Hurricane Corona as a financial crises when people are dying as a result of the horrible Coronavirus disease COVID-19. My heart goes out to all who have become sick or have died and everyone has been impacted by this terrible disease. We need to fight hard by social distancing to minimize the number of deaths. It is truly a health crises and the worst is yet to come.

This week, we either start day 40 of Hurricane Corona with:
Given the fact that both previous hurricanes lasted 930 and 512 days before they exhausted, it is likely doubtful that Hurricane Corona is over.

Therefore, here is the strategy:
  • Preparing some boats to depart around the 2000 - 2200 Tide Level.
  • Keep cruising (hold) existing positions (even though the hurricane is likely not over, the market could rebound sharply and calling these boats in now would miss the bounce.)
  • No short positions planned.
Click here for an update on Hurricane Corona

Fair winds and following seas!

Trading Tide Levels:
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.


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