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Yes, Constantine started it all....three centuries before Mohammed was born. No wonder db has nothing but stale one-liners and logical fallacies.

Yes, while Obama's brilliant voters (some voted for him 5 or 6 times!) are rioting in Baltimore.

Like a pee-weveiwed jouwnal from a gummint institution? Yeah, 100% free of bias.

I don't come here often, but when I do, db reaches a new low each time. It looks like he's down to ad hominem and guilt-by-association as his only rebuttals.

I just hope they have good gun control in that area. Imagine if those store owners have been brainwashed by the NRA and would actually shoot those precious, innocent rioters.

I'm afraid my neighborhood is too heavily armed. You loot, we shoot.

It's all the white man's fault. I mean, what if Baltimore had a black mayor, black police chief and we had a black Dem president in office, along with an activist, black AG? Oh wait, we have all those things and there's still lots of rioting and looting...

Just give his ol' buddy Eric Holder and his law firm enough time...

Partisan trashy ET poster praises partisan convicted felon (sorry, couldn't go too far with the alliteration.) Run along, children. Nothing but a mindless sycophant here...

Sure, but that's not what we've been discussing. I'm simply saying that this week's market action is a blip from a long-term perspective, and the long-term trend is still up.

I never said a 30% drop was noise. That would generate a sell signal in almost any long-term market timing system. This week, we've seen the S&P, Russell 2000 and Nasdaq fall between 2-3%. That's not serious enough to panic and move to cash in long-term investments as you suggested.

There are also those of us who are swing/position traders and long-term market timers. Some of us have done extensive testing and we know daily noise has absolutely nothing to do with long-term trends. And that's all we've seen recently...noise. Assuming a few days = a long-term trend change is...

Whatever, Nostradamus. You also advised people to sell stocks in retirement accounts. From a long-term perspective, today is a blip...so is this week. If you're going to make long-term timing decisions, you don't make them on noise.

Oh, no. We've had 3 down days in a row. This must mean we're entering a 20-year bear market. Pull out of stocks completely until the S&P 500 hits 300. Ask hajimow if you have any questions.

Since October, there have been 6 mini-corrections that were worse than this one (at least so far). Calm down.

Or maybe because zero interest rates kill savers. This whole moronic ZIRP age is unprecedented and forces people to either (1) lose money (yes, the inflation rate is waaay higher than the 0.003% you get at the bank) or (2) invest more than they normally would into riskier assets (stocks, real...

I just saw red trying to strangle my green.

Even if I really tried, I don't think I could come up with three paragraphs filled with more unmitigated disinformation or hubris.

Nope. Valuations (at least tech) were definitely worse then. However, stocks may be more overvalued across the board (large-cap, small-cap, etc.) now. That said, overvalued markets can rally longer than anyone expects.

You mean 1.6 at its peak?