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Originally Posted by Nich
Dow Jones may get down to 10,000:
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I'll put you down for 10,000
When you say there is "risk" for a stock are you saying there is a risk that they are going to zero or that the price will go down from here following the trend until it hits 10,000?
I checked the price on all the stock you listed as safe down to The Home Depot and they have all lost large percentages in line with the rest of the market. "Just scanning" the rest they are following the trend except Walmart which initialy went down but is now here it was end of 2019.
None of those companies are going out of business, even the ones that are clearly fucked like airlines which just can’t conduct operations because the borders have been shut will get bailed out. If there is no “free” money from governments or central banks or no one is buying on public stock exchanges people like Warren Buffett will step in with a smile. I remember when he was buying in the GFC when there was still fear in the market.