As Buffet said U.S economy will suffer in a deep and long recession. and other experts said we will see 180+ dollar oil price throughout this summer. The recession force and increasing oil price will continuously hit hardly on financials despite their true value(or maybe its bear-like stock). Forget about buy in today’s bottom and sell at tomorrow’s peak, this is not gonna work out.
Don’t try to lose your money by taking the risk like this. You know the trend and ride on it, by the time the market signals positive, then you get off it, safe and make money.
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