I was looking at our portfolio a couple weeks ago and thinking "Holy cow, that's a year's salary!"
Then I remembered: My salary is ZERO. Volatility is meaningless if you're not selling.
Originally Posted by soupcxan
Is it time to buy?
Not for me.
I remember buying with both hands in June 2002, only to encounter July 2002.* And then we got another head-fake in October!
In six months we're all gonna look back on this summer as classic seasonality.*
Having said that, if Intel dips below $17 then I don't care what day it is.* And emerging markets are gonna test everyone's patience again, too.