Greed has ended the 25 year bull

[trefoil]

Quote from MKTrader:

Let me get this straight. A 6% correction (so far) is reason enough to start speculating about huge economic shifts, world wars, massive global poverty and the like?

If you're account blew up, yeah.
Kind of like what they say about being unemployed: it's a recession when your neighbor loses his job, and a depression when you lose yours.

 

[JackR]

The world is not ending. The attached is a comparison of some of the major averages since the 1st of the year. CSSGX is a Fund that tries to track the IBD-100 (and doesn't do well in that attempt)

Take a look at the February correction.

Jack

 

[arealpissedgoy]

Quote from john12:

I'm of the school that the 2000-2002 market was just a correction in a 25 year super cycle of the most massive greed in world history and its ending. When 30% of all ivy league grads run to wall street it showed a huge gold rush mentality. The end is here and i expect tough tough times the next 10-20 years. The world got fat and complacent and now its time to get butchered. I just pray no world wars start as the poverty sets in. The have nots of the world (china,india,brazil) tasted the good life and won't give it up easy

Yes, the paradigm shift in living standards is coming. For the majority of americans, it won't happen this year, give it 2 more years for the malaise to really set in. Lots of time to prepare.

However, for this guy, it's already begun.

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