wolfstreet.com/2020/03/13/...-the-middle-of-a-historic-crash/
...I reacted in two ways to the historic plunge shortly before the close yesterday: One I covered my short position that I’d taken out on December 30; and two I bought, as I said, “some of the worst beaten-down crap for a short-term trade that I hope to unwind over the next few days without getting drawn and quartered.”
And I added, “Please don’t follow me in my footsteps. Watch the spectacle from a safe distance. I’ll try to entertain you with the results.” This afternoon, I unwound all those trades. ......
.And now we’re already in a historic crash, in terms of volatility. We’re facing the bit-by-bit shutdown of parts of the economy not just in the US but globally, with governments and central banks lining up bailout programs for companies, homeowners, banks, and others. That’s how bad it is – unprecedented really.As me for me, I’m going to stay out of this market for now, because this is just too crazy for me. And I’m going to watch it from a safe distance."