Submitted by BeyondShroud t3_12087x7 in wallstreetbets
robbinhood69 t1_jdgenpa wrote
Reply to comment by tradingmuffins in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud
I feel like march 2020 taught people the wrong lessons since almost nothing went to 0 altho it felt like that’s where we were headed, after 3 weeks of bear we had 3% rallies forever everything was so bullish, hell back then even declaring bankruptcy was bullish (Hertz up 800% on the good news)
Ppl we are only -4% off local highs and jerome just told us his printer will likely stay off during our descent
Buy fucking puts jfc
Invest0rnoob1 t1_jdgmy4d wrote
Printer off? He just printed 100 billion yesterday 😂
Chadmium1 t1_jdh93r0 wrote
Would argue that we will see a v shaped recovery in some of these bank stocks that got crushed due to the Fed backing them. I got leap puts on spy and frc calls lol
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