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re: Anyone else thinking of pulling back on the stock market?
Posted on 7/19/14 at 3:17 am to Dr Rosenrosen
Posted on 7/19/14 at 3:17 am to Dr Rosenrosen
Well, "euphoria" would not generally make a person nervous. I think the word you were looking for was possibly "hysteria." However, if you don't detect a serious level of hysteria among the most veteran of investors, you're not only failing to pay attention, you're blind, deaf and dumb.
But go ahead and make another three percent before losing half and hoping it will all one day be okay. Even if/when it does eventually rebound, I'm still not clear on why someone wouldn't pull out of all time highs, wait for any measurable time into the huge dip, and re-invest. Even if you get back in halfway down the slide, you're still doing a lot better than you would have otherwise, right?
You've got about 7 months. Good luck.
But go ahead and make another three percent before losing half and hoping it will all one day be okay. Even if/when it does eventually rebound, I'm still not clear on why someone wouldn't pull out of all time highs, wait for any measurable time into the huge dip, and re-invest. Even if you get back in halfway down the slide, you're still doing a lot better than you would have otherwise, right?
You've got about 7 months. Good luck.
Posted on 7/19/14 at 7:40 am to UL-SabanRival
You don't fight the Fed, UL Saban. There is a floor under this market right now. It won't be there forever, but for the next 12-24 months I still like this market.
Posted on 7/19/14 at 8:52 am to UL-SabanRival
quote:
UL-SabanRival
quote:
But go ahead and make another three percent before losing half and hoping it will all one day be okay.
First of all, haven't you been predicting a stock market crash for the past 5,000 points on the DJ's upswing?
Second, even if the market "loses half" it's not lost unless you sell. That's the time to buy not sell.
Posted on 7/19/14 at 6:40 pm to UL-SabanRival
The market goes up on average. Why would you pull out at all time highs? it's expected and it will keep hitting all time highs over and over again, that's a good thing. Yes there will be pullbacks and corrections but an all time high is no reason to sell.
Posted on 7/20/14 at 9:52 am to UL-SabanRival
quote:
But go ahead and make another three percent before losing half and hoping it will all one day be okay. Even if/when it does eventually rebound, I'm still not clear on why someone wouldn't pull out of all time highs, wait for any measurable time into the huge dip, and re-invest. Even if you get back in halfway down the slide, you're still doing a lot better than you would have otherwise, right?
You've got about 7 months. Good luck.
Quoted... for when you are right... or wrong
7 months - this will be my test to see if I can trust your predictions. I've been looking for someone who knows whats going to happen in the future. Hopefully I just found that person in you. Looking forward to the next 7 months.
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