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Comment by czbond | Hacker News Reader

Smart approach.

Pay attention to unwind it before April please IF it is short duration. Mainly sharing since you state you donate your income (much applauded!). There will be a sharp short slaughter rally in April, but then dropping off a cliff.... (do own due diligence). If you have a put into summer you're fine.

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Are you from the future?

It really reads like that doesn't it? If you were from the future this wouldn't be a bad way to share that information.

Goldman and OP both think a further fall by summer is likely [1]

[1] https://www.bloomberg.com./news/articles/2020-03-11/goldman-...

These guys are like George in Seinfeld. So wrong about absolutely everything that doing the exact opposite is the winning strategy.

On a serious note, remember that they are not your friends at all. They make money when the rest of the investors are predictable. There is no incentive whatsoever for making accurate predictions.

The rally in April is pretty certain imo, that's the "dead cat bounce", but the "falling off a cliff" again part isn't. I don't think anyone sees this as another 50% correction... Or do they?

No, but when the obvious trade (short) is apparent, it is easy to take out weak hands with the opposite trade. Plus large institutions need a rally after this warning shot to exit positions. Always look for the shock (which is just a warning) to follow up by an exit position, followed by the real action. Real action should happen later... downwards from May.

Downvote parent all you want, but if you do - set a calendar entry to 90 days and if you are down 10-15% additional from here, please upvote my comment again. You are voting your emotions.

Link for you: https://news.ycombinator.com/item?id=22556929

thank you John Titor.

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