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re: This appears to be more of a reckoning than a correction...my goodness,
Posted on 1/20/16 at 2:55 pm to TigerTatorTots
Posted on 1/20/16 at 2:55 pm to TigerTatorTots
He kept saying one more thread like this and it time to get in. You know, the whole be greedy when others are fearful mantra.
Personally I think this is pretty overblown at this point. I was bearish end of last year and expected a sour 2016, but not this fast. We don't really have any crisis like the tech bubble or housing bubble - so I just think it's an overreaction of low oil and China "slowdown".
Valuations were creeping up the past couple years, but nothing ridiculous IMO. (Besides the typical FANG types) Earnings should be interesting.
Personally I think this is pretty overblown at this point. I was bearish end of last year and expected a sour 2016, but not this fast. We don't really have any crisis like the tech bubble or housing bubble - so I just think it's an overreaction of low oil and China "slowdown".
Valuations were creeping up the past couple years, but nothing ridiculous IMO. (Besides the typical FANG types) Earnings should be interesting.
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