With the stocks markets crashing all over the place, some wonder how low it will go.
Few can predict now which numbers specifically the markets will reach, but I think that alot investors, mainly amateurs, will run now from the markets, thus pushing down the markets to even steeper lows.
A big percent investors were on edge since the rally began, wondering daily if today is the one that the floor will collapse and take along everyone. Now that the floor breach already took place in the second half of January and more so yesterday, people – fearing this day for months – are running mad, causing more damage on their way-out as it is evident from the recent steep market declines.
*
Follow or just check-out my Twitter account @yossigestetner to get insights on Political and Economic activity.