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by marketgod 2280 days ago
As a small business owner you are probably going to have to take loans to get you through the next 6-months. If economic activity doesn't come back whatever you borrowed against is going to be seized by the bank. So most likely we see foreclosures. I hate being bearish but Friday's close was ridiculous and shows we have room for a downside move in the markets. It really appears that there is nothing the government can do right now.

I hope I am wrong but I am switching to buying puts this week.

1 comments

Also thinking of buying some downside $SPY PUT protection. How far out in terms of expiration are you thinking?
I'm going to get $LVS if it drops under $40 and $DIS below $84 for Apr 17 near the money.