Ok Im sure Ill get lots of slack for this, but here goes. Goal is to get people talking. What do you expect??
Mark me down for smtg like this for covid price action when sales do start to come in (although vol will be uber light)
Phase 1 - destruction, first few months show how bad it got.
Phase 2 - normalize, after 2 months or so, we try to find a bottom
Phase 3 - bounce back from low, then gradual recovery
by this time next year, I would say we recover half the losses that ultimately reveal itself - i expect bottom to show in Aug, Sep timeframe and that can be off by a month or two but I think the shape will be the important thing..quick fall, find a bottom, quick minor rebound, normalize, then start to gradually recover.
Mark me down for smtg like this for covid price action when sales do start to come in (although vol will be uber light)
Phase 1 - destruction, first few months show how bad it got.
Phase 2 - normalize, after 2 months or so, we try to find a bottom
Phase 3 - bounce back from low, then gradual recovery
by this time next year, I would say we recover half the losses that ultimately reveal itself - i expect bottom to show in Aug, Sep timeframe and that can be off by a month or two but I think the shape will be the important thing..quick fall, find a bottom, quick minor rebound, normalize, then start to gradually recover.