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You know what's funny about shit like this, the stock marketing always reacts crazily, so what's that saying "buy when there is blood in the streets".
This morning I was laying in bed reading this and thought: "hmmm... let me buy a chunk of stock and see what happens."
So I placed a limited buy orders for two different stocks (mortgage ETF stuff) at $15.00. So if the stock dropped to $15, it would execute the buy, then I set it for end of day to execute. WELL markets opened up and the whole stock marketing dropped immediately, the buy order executed at 9:38AM for BOTH stocks, and I got a notification on my phone of it and was like "hmm... interesting".
So I did some preparation for my monday morning meeting and just checked it, the stock rebounded immediately to above it's last close position and I'm up $3K in profit.
Jesus, everyone was scared and boom, drop, then rebound. I always heard about this theory but damn! I'm going to try it again tomorrow morning! Going all in this time!
Yeah, damn - Shit is wild out here. I'm about to head out to buy some face masks. Stay safe!