S&P down 15%+ since the beginning of this year

Scataphagos said:
Traders today get their "panties in a bunch" too easily.

Years ago, a -20% dip in the market was considered just a "noise correction".

Until the SP breaks 1820 and sustains... the markets are just "noisily slopping around".... tradeable, but not really bearish.
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agree, I think in the last 6 years of this bull market no one has come to realize that markets "dip" and "correct" most of these new young traders to the market have never witnessed a bear market in their lift times....thats why you see little bitches on wall street crying and whining about how a 20% correction is the end of it all when in fact a 20% correction is absolutely nothing to bitch about after a 6 year bull market and 220%+ return......
Reality is going to kick in very soon for most of these new traders who have never ever traded a bear market.....I say sell now and get out because the next drop is going to make 2008-2009 drop look like nothing ever happened HAHAH
 
I hear many are expecting the august lows to hold and start back up tomorrow. What if the lows don't hold then what? How low will S&P 500 go before it hits bottom in this correction?
 
S2007S said:
agree, I think in the last 6 years of this bull market no one has come to realize that markets "dip" and "correct" most of these new young traders to the market have never witnessed a bear market in their lift times....thats why you see little bitches on wall street crying and whining about how a 20% correction is the end of it all when in fact a 20% correction is absolutely nothing to bitch about after a 6 year bull market and 220%+ return......
Reality is going to kick in very soon for most of these new traders who have never ever traded a bear market.....I say sell now and get out because the next drop is going to make 2008-2009 drop look like nothing ever happened HAHAH
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Most of the bitching is occurring from people like you who want crashes not corrections. The vast majority of investors couldn't care less about any of this, they don't sell they just shift the percentages by asset class. Many have been conservative and are under invested in equities since 2008. Which is still better then traders like you who have been taking on short positions in a bull market for 5-6 years.

You seem unable to see events in terms of what they mean to others who are in a vastly different situation then you are. But you presume to know.
 
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