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Rocky Mountain High Brands RMHB
(Total Views: 506)
Posted On: 03/19/2020 11:37:34 AM
Post# of 75357
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Posted By: adirondackhi
Re: marines #62166
It's a no brainer for us older guys buddy. Look at the damage in 2008. It was far worse on a different root cause, being ACTUAL failures of critical financial bellwether companies, the cost of bailing them out, and above all the extreme panic caused by the ripple effects. Over 50% of the market value of the S&P was temporarily "lost" as it bottomed, but it still recovered in a short period. We were treading in over bought territory peaking in 2018, with no major (lasting) correction, and that also needs to be built into what we're seeing now. It snapped right back from the correction that did occur (small percentage), and continued on a steep climb until the outbreak.

This is major index we're looking at, not individual companies. Many smaller non-financial services companies bounced back and soared quickly, ESPECIALLY companies with very little overhead cost and huge growth on the immediate horizon like RMHB. This time they aren't dealing with massive failures because they are taking steps NOW to help prevent it. You can listen to proven idiots like those bashholes that spew complete BS regularly, or people who've seen this type of thing before and know the truth. 1290177553_MarketComparison.jpg













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