Don't know, don't really care. From a strictly selfish point of view, the best that could happen is a large stock market loss and a continuation of the past month's bond rally. But rooting for such an outcome is not something I would do, since so many people would suffer financially if it shakes out that way.
I cannot see a steep decline is of any good other than those who short the market or have a pile of cash ready to buy.Never can see why a "large market loss" would be good for anyone.
wondering if this might be a sharp but short correction or one of a longer deeper magnitude?
It probably will be short, unless it is long. or maybe a shorter long one, or possibly even a longer short one
After a great deal of careful thought, combined with an in-depth analysis of market data going back to 1871, I must say that I am inclined to agree. On the other hand, if enough people offer an opposing viewpoint, I may be able to forage for, and relate, sufficient factual information to support this opposing point of view.It depends how far down it goes and how long it lasts...........
After a great deal of careful thought, combined with an in-depth analysis of market data going back to 1871, I must say that I am inclined to agree. On the other hand, if enough people offer an opposing viewpoint, I may be able to forage for, and relate, sufficient factual information to support this opposing point of view.
In other news, I have finally come to the point of view that, cheap as I am, life is too short to waste it by buying cheap wine-in-a-box. This stuff is truly horrible. I am now stuck with this awful beverage until the box runs out.
Goodnight all.
Last few days have been interesting in the market. Don't see the start of a Bear market but wondering if this might be a sharp but short correction or one of a longer deeper magnitude?
Obgyn, you could put yourself into the same position as W2R with her Wh** indicator. Just post here whenever you make a purchase so everybody gets advanced warning of a market top.I just bought into some funds at vanguard, and with my Midas touch in reverse when it comes to investments I guess it's a long term correction .
I have a friend who has even less taste in wine than I do. I think I'll save it for when she comes over. She'll think I'm doing her a favor by telling her to fill up whenever she wants. It's what friends are for
MT - To demonstrate your new approach, just toss the box wine. Sorry, couldn't resist. To be honest, I would drink it
Obgyn just bought into equities? I KNEW it! A $500 million default in China, while being a drop in the ocean, is truly miniscule compared to the colossal psychological effect his purchase must have had on the markets. I just KNEW it. Now that's a sell indicator if ever I saw one! (Sorry Obgyn, I just couldn't resist )
I cannot see a steep decline is of any good other than those who short the market or have a pile of cash ready to buy.
Last few days have been interesting in the market. Don't see the start of a Bear market but wondering if this might be a sharp but short correction or one of a longer deeper magnitude?
I think I started a thread a few months ago about my first investment in bonds ever, and bonds crashed right after that. I bought my first home ever, a condo, in 2008, cash with no mortgage, at the very peak - still have not recovered from that. No more real estate for me.
And now this correction. This is yet again another piece of evidence that some of us, including myself, are just unlucky when it comes to investments, even if we don't try to time the market.
You have all your money riding on this board or that one?Some of you think this is just a joke, but I take it very seriously and have all my money riding on this.