Gold, ~300 to ~1100 now.
What is that in 15 years?
Those who considered (or even actually did) dropping their stocks when the correction hit- did you have the same reaction when other assets like gold and silver peaked and fell? Did you sell or consider selling them? "Get out while you can!" somebody said.
(GOLD FALLS $30 IN TWO DAYS!)
I am standing pat. No reason to panic but to wait it out. Or buy more on the dip (may have missed the bottom).
I also note that the "end is near!" posts quickly disappeared after yesterday's 600 point jump in the DOW.
Just stuff it and stop baiting. Anybody paying attention knows the last week has been the warm-up phase where stops are taken out, urging the little guy to buy back in on the ramp up.....before it really crashes next month. Stop baiting. Paul....checks clearing....Leg....uh huh, stop baiting.
You have been promising a crash since the last one in 2007. "It is coming soon- just you wait!"
Well how long have we had artificially low interest rates now? Is that just going to go on forever? Either way it's going to tank. Just the hint of a possible .25 raise sent the market into a panic. Obviously there's a huge bubble and the Fed can't keep ignoring reality.