[quote=livinincali]Let’s all think back to the subprime crisis. Early on it was no big deal it was just some dumb people that took out loans they couldn’t afford. Stock market went down a bit at first but recovered somewhat because again it was no big deal it didn’t matter those dumb asses took out bad loans. But then those dumb asses stopped paying and there was a cash crunch. Bear Streans failed Lehman failed etc. Then the market went down 80% from the highs. Employment hit 10%.
THIS TIME IT’S WORSE. GOOD LUCK TO THE STOCK MARKET. HAVE FUN RIDING IT DOWN[/quote]
Because one can never tell in real time when it’s going back up, there is little choice for most … it must be ridden down