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No Clue Where This Market Is Going, But It's Doing It with Style
Old 10-06-2011, 05:28 PM   #41
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No Clue Where This Market Is Going, But It's Doing It with Style

I am just amazed at the wild gyrations going on in this market. What huge swings from "Going Down, Quick, Jump Ship" to better get in while the getting is good.

I wish I knew, that part is certain.

Ha
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Old 10-06-2011, 06:46 PM   #42
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Originally Posted by haha View Post
I am just amazed at the wild gyrations going on in this market. What huge swings from "Going Down, Quick, Jump Ship" to better get in while the getting is good. ...
It's all a bit disturbing. The VIX (volatility index on SP500) has hit peaks similar to those seen in the 1998 crisis I mentioned in the starting post. Only major difference is we do not know how this period plays out. Will some institution in Europe seize up? Will the 17 Euro nations get together and really find solutions? Will emerging market countries show some unknown stress fractures?

Maybe the SP500 will actually move up and be positive by the end of the year. One never knows. In retrospect all this will be crystal clear.
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Old 10-06-2011, 08:47 PM   #43
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Originally Posted by TromboneAl
The market is down?

Haha, but seriously I don't pay as much attention to it these days as I used to.

Moemg, don't read this next sentence!

I hope this doesn't spoil the trick, but $100k isn't just 4k, it's 4k per year.
The S and P hit 1000 in 1998. It's up 150 since then. You can go back to ignoring it and we will contact you if anything changes in the next 13 years. Lol
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