[quote=flu][quote=kev374]down again and Morgan Stanley has just come out saying this is just an appetizer and to wait for a massive crash later this year… buckle up. Seriously what did the retards in Washington think was going to happen when they took on all this ridiculous debt?[/quote]
I fail to see how this is Washington’s fault. and if a crash was so obvious that it was going to happen to everyone, why would one move a massive amount of money into the market right before it happens..
Seems to me that the beginning this year the markets were still going gangbusters and that drew even the most bearish into the markets from the fear of missing our additional gains.
My has the markets changed its tune in just a few weeks. it will be a perfect time to buy end of this month, and end of next month, and the following month, and the month after, and the month after…..
bring on the big correction. I am excited.[/quote]
Not sure why you would wish for a declining market. I much prefer the rising markets the past two years. I’m going to start increasing cash instead of making money owning stocks. Was at 99 percent stock. Even after selling GOOG a few weeks ago, I’m still at 96 percent stock. In this high volatility environment, I need to keep reducing my stock ownership by selling. This choppiness is only good for day traders.