This is the dip to buy.
Quote from eagle488:
The next 3 years will be the biggest bull run there ever was and now I will tell you the 2 reasons as to why.
1. US Congress enacting 401k reform laws. More and more workers ratcheting up the amount of contributions due to greater awareness
2. Real Estate no longer a great investment. Need to make more money somewhere and that avenue is the stock market.
Nope, it wont be the hedge funds that will rule the next 3 years, but companies like Vanguard and Fidelity that will drive the rallies. 3% of the American public actually own stocks or mutual funds. You have a lot more ready to donate through the mutual fund avenue.
Quote from eagle488:
In reading some of the posts on here and other message boards, some of you have gotten a little too used to shorting stocks and are in complete denial.
First, I must call your attention to The Stock Traders Almanac. The market usually works in cycles. Bull Market from Nov-April, bear from May-Oct.
So just because you have been shorting all summer long and got used to a routine does not mean that the trend will continue forever. You have to now change how you look at things as we are in a different era then before. Dont be pessimistic about this market or else its going to run you over full force.
Quote from eagle488:
The next 3 years will be the biggest bull run there ever was and now I will tell you the 2 reasons as to why.
1. US Congress enacting 401k reform laws. More and more workers ratcheting up the amount of contributions due to greater awareness
2. Real Estate no longer a great investment. Need to make more money somewhere and that avenue is the stock market.
Nope, it wont be the hedge funds that will rule the next 3 years, but companies like Vanguard and Fidelity that will drive the rallies. 3% of the American public actually own stocks or mutual funds. You have a lot more ready to donate through the mutual fund avenue.