[quote=The-Shoveler][quote=flu]I’m still amazed that doomsayers exist on this board despite all the years of what we’ve gone through and years and years of how the Fed are expert can kickers.

Warning: adopting a doomsayer viewpoint can be hazardous to one’s financial health. It’s almost as destructive as being a perma-bull.[/quote]

I was talking to a trader at BlackRock this weekend (don’t ask how),
She was saying the whole china devalue thing and the Shanghai market sell off is way overblown and it is really just a normal adjustment to the dollar strength (much as the Greece situation was overblown), (Just makes great headlines and sells news feeds).[/quote]

well, again, I think erroring on the side of caution isn’t a bad thing. Just don’t let the negativity lead you down a rat hole. How many people here were expecting 50% off in Carmel Valley/Del Mar/LJ after already seeing a 25% decline? And yet they still waited for an additional 50+%?

None of this really matters over the longer period if I think you just remain consistent.