Short term I am bullish (next one year). I think the worst is to come after the mid terms. I don't see how we can't have a major correction if not a crash in the next few years as QE is tapered. What's your opinion. I have some cash now I'm trying to decide what to do with.

And I haven't seen the frenzied buying by joe six pack and other amateur speculators you usually see at the top of a bubble.

This post was edited on 1/5/14 at 12:10 pm

2 ...

Report Post

Posted by Janky

Team Primo

Member since Jun 2011

35957 posts

Posted on 1/5/14 at 12:24 pm to SmackoverHawg

I have been putting new money into balanced funds that have a proven track record. I catch a piece of the stock rally if it continues but these managers proved to me they have the ability to protect on the downside by their performance in down years like 2008.

1 ...

Report Post

Posted by LSURussian

Member since Feb 2005

127265 posts

Posted on 1/5/14 at 12:34 pm to SmackoverHawg

quote:
I think the worst is to come after the mid terms. I don't see how we can't have a major correction if not a crash in the next few years as QE is tapered. What's your opinion.

I agree with Warren Buffett: I don't know which direction the next 1,000 point move on the Dow Jones will be but I'm certain I know which direction the next 15,000 point move will be.

I anticipate a 10-15% correction at some point but I've been predicting that for over a year now so I can honestly say, I don't know what's going to happen or when.

2 ...

Report Post

Money Talk - Replies to Post

Return To Board

Page 1

Return To Board