Buy the dip

Quote from Swan Noir:

It was and may still be an overheated market. I don't think anyone should be shocked by the magnitude of this sell off. Yes, it is sharp but that is certainly not a shocker considering the velocity on the way up.

I agree.

P.S. Hope you didn't see what I wrote seconds ago, and I'm sorry if you did. It was an intentionally rude reply to another poster in a different forum. A little typing error. lol. :D
 
Didn't see it but I'm a New Yorker. Not so thin skined!!

Quote from SimpleTrades:

I agree.

P.S. Hope you didn't see what I wrote seconds ago, and I'm sorry if you did. It was an intentionally rude reply to another poster in a different forum. A little typing error. lol. :D
 
*NIKKEI13589.03___-737.43 -5.15%


Wow....yep this is just a simple example of what could happen to the us markets after they finally peak out. Nikkei down about 2500 points from just under 16,000 to a close yesterday of 13589. Im sure it will rally to 17000 and take the us markets higher with it....seems when the Nikkei is up huge US markets follow, but on the downside they seem to be immune.

Our markets and everyone who has seen continuous gains are too laid back...no one is expecting such a steep sell off, but keep in mind the spx is up 150% and hasn't seen a major correction in a long, long, long time. If BUBBLE ben bernanke wasn't propping equities up we would see what a real stock market looked like. But everything has been smoke and mirrors.
 
Quote from S2007S:

This is not a bull market...its a BUBBLE ben bernanke money printing QE 1, 2, 3 and so on induced rally....only way to keep the market and economy running is to prop it up .....

Regardless of WHY it has gone up, it's still a bull market which started in 2009. Stock prices have doubled from the lows, just as they did in the previous bull market which started in 2002 and ended in Nov 2007.
 
Quote from S2007S:

*NIKKEI13589.03___-737.43 -5.15%


Wow....yep this is just a simple example of what could happen to the us markets after they finally peak out. Nikkei down about 2500 points from just under 16,000 to a close yesterday of 13589. Im sure it will rally to 17000 and take the us markets higher with it....seems when the Nikkei is up huge US markets follow, but on the downside they seem to be immune.

Our markets and everyone who has seen continuous gains are too laid back...no one is expecting such a steep sell off, but keep in mind the spx is up 150% and hasn't seen a major correction in a long, long, long time. If BUBBLE ben bernanke wasn't propping equities up we would see what a real stock market looked like. But everything has been smoke and mirrors.

But in the grand scheme, does it really matter? Surely you just want to make money from it?

Regarding the Nikkei, the Japan authorities have said today that it's only a temporary correction. I believe them. They will do what it takes to bring it back to 16000.
 
Quote from Visaria:

But in the grand scheme, does it really matter? Surely you just want to make money from it?

Regarding the Nikkei, the Japan authorities have said today that it's only a temporary correction. I believe them. They will do what it takes to bring it back to 16000.


Remember when BUBBLE ben bernanke said the sub prime market in housing was contained and there were no signs of a bubble, you believeed him right? Hahah
 
Quote from S2007S:

*NIKKEI13589.03___-737.43 -5.15%


Wow....yep this is just a simple example of what could happen to the us markets after they finally peak out. Nikkei down about 2500 points from just under 16,000 to a close yesterday of 13589. Im sure it will rally to 17000 and take the us markets higher with it....seems when the Nikkei is up huge US markets follow, but on the downside they seem to be immune.

Our markets and everyone who has seen continuous gains are too laid back...no one is expecting such a steep sell off, but keep in mind the spx is up 150% and hasn't seen a major correction in a long, long, long time. If BUBBLE ben bernanke wasn't propping equities up we would see what a real stock market looked like. But everything has been smoke and mirrors.
I know why you exist here.
 
Quote from Visaria:

Regardless of WHY it has gone up, it's still a bull market which started in 2009. Stock prices have doubled from the lows, just as they did in the previous bull market which started in 2002 and ended in Nov 2007.

The last bull market ENDED in 2000. From that point to the present we have been, and still are, in a secular bear market. When this current bounce (2009-present) collapses, we will ultimately fall below the March 2009 lows.
 
Quote from Ash1972:

The last bull market ENDED in 2000. From that point to the present we have been, and still are, in a secular bear market. When this current bounce (2009-present) collapses, we will ultimately fall below the March 2009 lows.

That's quite a prediction.
 
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