[quote=flu]You know, even though I am out of the market mostly, I’m happy things aren’t crashing. I don’t want to be right on this one. Things just eerily looked similar to what it felt like pre-dot.com implosion just right after Bush2 took over.
Maybe Trump won’t be as bad for biz after all. Especially if there is a tax holiday for biz.
Anyway, I’m out mostly for the rest of the year, not necessarily because I want to be, it’s just at this point, I’d rather just wait for more clarity beginning of next year than anything else.[/quote]Well, to be fair, Bush 2 saw .com crash followed quickly by 9/11. So, that kinda shook things up quite a bit.
Also, I’m not feeling the euphoria that I felt in the late 90s. I remember making big gains in days to weeks on anything with a .com in the name or anything having to do with B2B. I don’t see us repeating the kind of crash we saw with the .com because we’re not as crazily valuated like we were with the .com. But, only time will tell. If we do see a 9/11 style attack though, all bets are off.
I’m super excited to see a tax holiday, lower taxes, reduce regulation (2 have to come off the book for every new one), energy regulation, removal of Obamacare, etc. If he does all of that, I predict an awesome 4 years economically.
