The Second Leg Down: Strategies For Profiting A... -

By Thursday, the "Second Leg" had arrived with a vengeance. The market opened down 3%, and the "V-shaped" dream evaporated. But Elias wasn't just watching the red; he was watching the gold and treasury tickers.

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By Friday’s close, the market had set a new yearly low. The exuberant traders from Monday were now liquidated or frozen in fear. Meridian Capital, however, was up 12% on the week. By Thursday, the "Second Leg" had arrived with a vengeance

"When the panic returns, the correlation goes to one," he noted. "Everything starts falling together. Inverse ETFs allow us to short entire sectors without the unlimited risk of a margin call on a single stock." Strategy 3: The "Safe Haven" Pivot AI responses may include mistakes