There's a weeper on the cover of CNN as some guy buries his head in his hands, "Why, why, why was I such a greedy incompetent moron when warning after warning has come of a readjustment."
Well, pal. Dunno. Ask God?
There's the lament the average investor is taking the brunt, in the ear, up the bum. The average investor isn't going to do anything because, even here at the poorhouse, we know dollar cost averaging comes out the same. If you're not in for the long game then get out of the stock market.
Bush turned it over with the DOW around 8,000. Eight years later, it's up to 17,000 in one of the most incredible zooms ever.
So, Buck Rogers, you're playing roulette. You've hit that 35 three times in a row. You've made tons of money. So, what say we spin again, huh.
There's a headline, "My Heart is Bleeding," and, oh fucking hell, your heart is bleeding. Dude, you are one sorry ass investor. The sharp investor makes money going up and going down. The wise investor makes money by going long-term and not watching. The cowboys are feeling the pain and riding broncos is a bad idea if you can't stand getting thrown to the dirt sometimes.
Look at the bright side, you can blame Obama for it.
Don't let them scare the shit out of you. They've tried this too many times in Lord save us, the economy will collapse and we will all be eaten by rats.
If you're within ten years of retirement, you have probably had the sense to move your positions to non-volatile areas. If you're twenty or thirty years of retirement, who the hell cares what it does today as eventually it goes back up again, it always does.
The other alternative is it collapses altogether and we get eaten by rats. Believe it if you like but you might want to consider coming up with a better use of the day.
Try not to think of Willard.
Well, pal. Dunno. Ask God?
There's the lament the average investor is taking the brunt, in the ear, up the bum. The average investor isn't going to do anything because, even here at the poorhouse, we know dollar cost averaging comes out the same. If you're not in for the long game then get out of the stock market.
Bush turned it over with the DOW around 8,000. Eight years later, it's up to 17,000 in one of the most incredible zooms ever.
So, Buck Rogers, you're playing roulette. You've hit that 35 three times in a row. You've made tons of money. So, what say we spin again, huh.
There's a headline, "My Heart is Bleeding," and, oh fucking hell, your heart is bleeding. Dude, you are one sorry ass investor. The sharp investor makes money going up and going down. The wise investor makes money by going long-term and not watching. The cowboys are feeling the pain and riding broncos is a bad idea if you can't stand getting thrown to the dirt sometimes.
Look at the bright side, you can blame Obama for it.
Don't let them scare the shit out of you. They've tried this too many times in Lord save us, the economy will collapse and we will all be eaten by rats.
If you're within ten years of retirement, you have probably had the sense to move your positions to non-volatile areas. If you're twenty or thirty years of retirement, who the hell cares what it does today as eventually it goes back up again, it always does.
The other alternative is it collapses altogether and we get eaten by rats. Believe it if you like but you might want to consider coming up with a better use of the day.
Try not to think of Willard.
4 comments:
This is just a simple market correction. A very volatile correction. The market is still positive for the last 12 months
It is the beginning of a possible bear market but if China moves hard it could avert that
But noone knows what they will do
Today looks to be another major upside move but profit taking in the first hour could hamper that if big money believes we still have another leg down. I personally moved some back in yesterday and will move it back out before noon to catch that bounce.
Then sit and wait again.
Volatility like this are huge opportunity for those with cash on the sidelines
This a very good bull market but not even close to the one that ended in 2000 a 12 year run following the last Big Black Money that market was up close to 600% Those are rough number as I am old and beginning to be senile
Revel in senility. When you're old, the only thing you really should try to remember is the way to the terrrrrlet.
I'll try to remember something which I know I already know ... but it ain't there. Mostly that's with movies and it bugged me at one time but now I just blow it off with, well, I guess I just didn't get off on that one too much.
You all seasoned players know the game. I wish you luck but you know the risks.
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