Home › Forums › Financial Markets/Economics › Time to buy the stock market?
- This topic has 340 replies, 18 voices, and was last updated 15 years, 9 months ago by afx114.
-
AuthorPosts
-
January 31, 2009 at 5:41 PM #339995January 31, 2009 at 8:06 PM #339502LuckyInOCParticipant
[quote=4plexowner]”15 months into the bear market”
we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market
let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so
[/quote]
Just to paraphrase ‘Yogi’: “I’m not your average bear!”
I think few rules will apply in this situation…
Keep in mind with the all recent the job cuts, wage cuts, unpaid vacations, & stopped 401K matching contributions, there will be less money going into stocks to prop them up. Also, those same individuals may need to tap into their 401K or portfolio just to pay bills. This has to drive the market down until those items lost start to return. If housing prices cannot be supported by the previous wages, then current wage trend cannot support any other purchased items as well. Only those items with a fixed demand can hold their prices. I think I will invest in toilet paper and ivory soap.
I just thank my lucky stars that the company where I work is fully booked for 2009 and still proposing work for 2010.
Lucky In OC
January 31, 2009 at 8:06 PM #339828LuckyInOCParticipant[quote=4plexowner]”15 months into the bear market”
we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market
let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so
[/quote]
Just to paraphrase ‘Yogi’: “I’m not your average bear!”
I think few rules will apply in this situation…
Keep in mind with the all recent the job cuts, wage cuts, unpaid vacations, & stopped 401K matching contributions, there will be less money going into stocks to prop them up. Also, those same individuals may need to tap into their 401K or portfolio just to pay bills. This has to drive the market down until those items lost start to return. If housing prices cannot be supported by the previous wages, then current wage trend cannot support any other purchased items as well. Only those items with a fixed demand can hold their prices. I think I will invest in toilet paper and ivory soap.
I just thank my lucky stars that the company where I work is fully booked for 2009 and still proposing work for 2010.
Lucky In OC
January 31, 2009 at 8:06 PM #339924LuckyInOCParticipant[quote=4plexowner]”15 months into the bear market”
we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market
let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so
[/quote]
Just to paraphrase ‘Yogi’: “I’m not your average bear!”
I think few rules will apply in this situation…
Keep in mind with the all recent the job cuts, wage cuts, unpaid vacations, & stopped 401K matching contributions, there will be less money going into stocks to prop them up. Also, those same individuals may need to tap into their 401K or portfolio just to pay bills. This has to drive the market down until those items lost start to return. If housing prices cannot be supported by the previous wages, then current wage trend cannot support any other purchased items as well. Only those items with a fixed demand can hold their prices. I think I will invest in toilet paper and ivory soap.
I just thank my lucky stars that the company where I work is fully booked for 2009 and still proposing work for 2010.
Lucky In OC
January 31, 2009 at 8:06 PM #339951LuckyInOCParticipant[quote=4plexowner]”15 months into the bear market”
we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market
let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so
[/quote]
Just to paraphrase ‘Yogi’: “I’m not your average bear!”
I think few rules will apply in this situation…
Keep in mind with the all recent the job cuts, wage cuts, unpaid vacations, & stopped 401K matching contributions, there will be less money going into stocks to prop them up. Also, those same individuals may need to tap into their 401K or portfolio just to pay bills. This has to drive the market down until those items lost start to return. If housing prices cannot be supported by the previous wages, then current wage trend cannot support any other purchased items as well. Only those items with a fixed demand can hold their prices. I think I will invest in toilet paper and ivory soap.
I just thank my lucky stars that the company where I work is fully booked for 2009 and still proposing work for 2010.
Lucky In OC
January 31, 2009 at 8:06 PM #340045LuckyInOCParticipant[quote=4plexowner]”15 months into the bear market”
we just finished a 25 year bull market in US equities – the average bear market lasts 1/4 the time of the preceding bull market
let’s see, 25 over 4, carry the naught (remember Jethro Bodine doing math on Beverly Hillbillies?) – that’s 6+ years of bear market which takes us to 2013 or so
[/quote]
Just to paraphrase ‘Yogi’: “I’m not your average bear!”
I think few rules will apply in this situation…
Keep in mind with the all recent the job cuts, wage cuts, unpaid vacations, & stopped 401K matching contributions, there will be less money going into stocks to prop them up. Also, those same individuals may need to tap into their 401K or portfolio just to pay bills. This has to drive the market down until those items lost start to return. If housing prices cannot be supported by the previous wages, then current wage trend cannot support any other purchased items as well. Only those items with a fixed demand can hold their prices. I think I will invest in toilet paper and ivory soap.
I just thank my lucky stars that the company where I work is fully booked for 2009 and still proposing work for 2010.
Lucky In OC
February 1, 2009 at 1:26 AM #3395924plexownerParticipant“items with a fixed demand”
perhaps these items?
100 Items to Disappear First
February 1, 2009 at 1:26 AM #3399174plexownerParticipant“items with a fixed demand”
perhaps these items?
100 Items to Disappear First
February 1, 2009 at 1:26 AM #3400144plexownerParticipant“items with a fixed demand”
perhaps these items?
100 Items to Disappear First
February 1, 2009 at 1:26 AM #3400414plexownerParticipant“items with a fixed demand”
perhaps these items?
100 Items to Disappear First
February 1, 2009 at 1:26 AM #3401354plexownerParticipant“items with a fixed demand”
perhaps these items?
100 Items to Disappear First
February 1, 2009 at 8:35 AM #339627LuckyInOCParticipantAh, toothpaste is another good one…
I guess I need to hit up my local $0.99 store.
Lucky in OC.
February 1, 2009 at 8:35 AM #339953LuckyInOCParticipantAh, toothpaste is another good one…
I guess I need to hit up my local $0.99 store.
Lucky in OC.
February 1, 2009 at 8:35 AM #340049LuckyInOCParticipantAh, toothpaste is another good one…
I guess I need to hit up my local $0.99 store.
Lucky in OC.
February 1, 2009 at 8:35 AM #340076LuckyInOCParticipantAh, toothpaste is another good one…
I guess I need to hit up my local $0.99 store.
Lucky in OC.
-
AuthorPosts
- You must be logged in to reply to this topic.