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So have I....Thing that gets me, I own a few retailers that are down 3-4% today because BBY and ANF reported earnings and were down 16%. The same thing happened a few days ago to the upside when M and another retailer beat estimates and the stocks surged 18%.
Wonder what the hell my GPS will do when they report after the close? I am going to probably sell half sometime today and play it frugal.
I know traders who look back and eat themselves up alive on every move they make and they got ulcers. I don't look back for health reasons. Stock trading is like being an athlete: there's always the next game or trade. Key is not to make the same mistake more than once.
Most likely you are correct, unless the Feds have finally lost control of inflation and the currency. That being a rare once in maybe 100 or 200 year event, people should not bet on it, but rather should be insured against it. IMHO
Ultimately, the Fed is going to have to choose between an outright recession and possible Great Depression or inflation. When all is said and done, I think they will back off after the Market falls 15%-20%.