it’s a crash if you’re highly leveraged i guess, or bought everything right at the top. if your purchases were made over time, it’s more dip-like. %’age is %’age, regardless of whether it’s a million or a thousand. almost nobody’s down 50%, it’s more like 20-40%, depending on your history…lots of guys with lots of money acccrued over a long epriod of time are probably just flat…kinda like homeowners.
I had nothing int he market long for a couple years, all prudentbear and gold.
im still short and long gold and waiting for the real crash, not this little dip, now peoplea r ejust kinda nervous, scared, going, man, I’m like break even for 10 years. ..when people go, HOLY F!!!; i’m actually gonna lose my shirt. now that there’s a crash, not a guy who had 2 million and now has 1.3 million. when he’s down to 162,000, now that’s a crash.
like the san marcos house, when it’s down to 119,000. now that there’s a crash…
