well betit i give up the ghost on my bear shake talk and looky what happens we catchin a bounce of some sort for now
i'm a good fade when it comes to minute to minute market action
reason i'm not a trader and rather a moderate term investor that actively keeps an eye on things
i'm a good fade when it comes to minute to minute market action
reason i'm not a trader and rather a moderate term investor that actively keeps an eye on things
Another day another day down. This down day feels no different than the others, so I'm guessing a -200 to -300 Dow day.
The best thing I can say about stocks right now is at least they can't go past zero.
Congrats Bears, you guys were way in front of this brutal bear market. And by brutal I mean the time frame it's dropping. I know there could be 5 more years (at least) of bear market with these same percentage drops per month.
Out to lunch and then mabye a movie. I think Cloverfield is looking like a good choice considering the current market.
The best thing I can say about stocks right now is at least they can't go past zero.
Congrats Bears, you guys were way in front of this brutal bear market. And by brutal I mean the time frame it's dropping. I know there could be 5 more years (at least) of bear market with these same percentage drops per month.
Out to lunch and then mabye a movie. I think Cloverfield is looking like a good choice considering the current market.
When I started this thread I meant just that.
Sell.
Going to be a while before I start a buy thread.
Sell...and...
Drink beer.
Let it shake out over the coming months, the bottom-out will be pretty obvious to plenty of folk.
....especially us no-longer-useful-to-the-business-world elderly people
Sell.
Going to be a while before I start a buy thread.
Sell...and...
Drink beer.
Let it shake out over the coming months, the bottom-out will be pretty obvious to plenty of folk.
....especially us no-longer-useful-to-the-business-world elderly people
its on par with the tech bubble collapse in the US at least (that took over 2 years to go away) well i think it'll be worse actually when its all said and done
plus the tech bubble was never really allowed to deflate, alot of companies still around that shoulda got flushed out of the market the first go round.
other bubbles were created to get us going again
housing bubble and credit bubble
so many people getting turned upside down right now and credit standards are really tightening up at a time when nobody has any money
not sure how it will play out in the rest of the world, japan is scroomed though
who knows maybe they'll find some bubble i'm not thinking about right now soon, i just don't see what it would be though
i saw this coming for years and even learned a few lessons along the way trying to short it at times while i was long PMs mainly
but finally didn't become very clear to me that the end game was finally upon us
till about 6 months ago
calling tops to bubbles is extremely tough
using your house as an ATM just isn't sustainable i knew this 3 years ago just was a matter of how long it was going to last
but finally didn't become very clear to me that the end game was finally upon us
till about 6 months ago
calling tops to bubbles is extremely tough
using your house as an ATM just isn't sustainable i knew this 3 years ago just was a matter of how long it was going to last
yeah this is pretty funny
i honestly think your toast now
that we came back to flat line and failing again
i'll leave it at that
last thought or comment for the day
go reverse jinx go!!!!!!
well i'll give it one more shot betit looks like you need help
honestly think some carnage coming into close
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Property is actually still ok, if you've got a decent one.
I sold mine in 48hours a month ago.
People will still buy good places because good property is like gold, a safe haven for the longer term.
And unlike gold, the government can't really take it away from you
en-masse, like the US government did to people who had gold during the 1930s.
I sold mine in 48hours a month ago.
People will still buy good places because good property is like gold, a safe haven for the longer term.
And unlike gold, the government can't really take it away from you
en-masse, like the US government did to people who had gold during the 1930s.
