[FONT="]Ah… Black Monday, October 19, 1987. I was on a cross country flight, and the pilot announced the market crash.. I cheered… My investment discussion group had decided Friday morning to sell everything…[/FONT]
We all like to think we know more in life than we actually do. This applies to the stock market as much as anything else.
GREAT!! I have been waiting for a good buying opportunity!!
... Have your Exit Strategy planned if it gets really nasty...
4000 points? Is that all? Piece o' cake. (yawn!)
2008-2009 was a great training exercise for us and after dealing with that crash and coming out of it nicely (as many of us did), such a drop would seem like child's play.
I'm not going to have to explain Exit Strategy at this stage of the Bull Market, am I ?