jeremy siegel says this is a "temporary correction, not a bear market", no way no how...just buy

[Butterball]

Unlike the doom porners, bulls are right a lot more frequently than a broken clock. Historically bulls are far more right than wrong.

How would Siegel's track record be if (hypothetically) he wasn't born in the US but in Japan? He'd tell us the same drivel "historically the market always goes up 8% a year".. until it doesn't.

 

[Covertibility]

Barring another big rally, the Ivy Portfolio will issue a sell signal for the S&P500 at month's end. Incidentally, the IEF (govt bonds) signaled a buy signal last month. It looks like it's time to get out of the pool. Good luck.

 

[der_kommissar]

Volatility is good for people who think they can gain an edge by timing the market. I for one hope we see more frequent corrections, and more severe. Great time to shift money from cash/bonds into stocks for the long run.

By any measure, this current moment is not a "great time" to shift money into the stock market.

 

[S2007S]

Unlike the doom porners, bulls are right a lot more frequently than a broken clock. Historically bulls are far more right than wrong.

Especially when you have central banks printing trillions and trillions and trillions.... You cant fail.

 

[Jakobsberg]

By any measure, this current moment is not a "great time" to shift money into the stock market.

Depends on your timescale. Short term looks good