I’m not bothered Toot, just amused. And I enjoy you embracing your new self anointed position as “financial market” expert of the Campfire. Do tell, what do we owe you for this vast expertise you bring to us???
I’m not bothered Toot, just amused. And I enjoy you embracing your new self anointed position as “financial market” expert of the Campfire. Do tell, what do we owe you for this vast expertise you bring to us???
You seem very bothered, frannie Boy.
Posting articles and professional opinions is hardly the work of a Campfire financial market expert but I can see where that would be far over your head and totally escape you.
You’re coming across as being as dumb as the Glee Club Howler Monkeys and they’re always looking for recruits such as yourself. Go to them.
The Gold market did 100% overshoot in 1980. The Gold market did 70% overshoot in 2011. The stock market did 100% undershoot in 2003. MSFT took until 2016 to recover from the 2000 dotcom bubble burst.
Looking at these curves, i can imagine the stock market is within 20% of the bottom, and will take years to recover.
It looks bad if you are old and selling stocks to live on. It looks ok if you are young and buying stocks.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
I’m not bothered Toot, just amused. And I enjoy you embracing your new self anointed position as “financial market” expert of the Campfire. Do tell, what do we owe you for this vast expertise you bring to us???
You seem very bothered, frannie Boy.
Posting articles and professional opinions is hardly the work of a Campfire financial market expert but I can see where that would be far over your head and totally escape you.
You’re coming across as being as dumb as the Glee Club Howler Monkeys and they’re always looking for recruits such as yourself. Go to them.
Glee Club?
Toot Toot Song for your Toot Toot listening pleasure...
Toot Toot!
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
Ultra high net worth families are relocating from northern states to the south. Main destinations are Texas, Georgia and Florida with Colorado in the mix.
Union Bank Of Switzerland is following along opening multiple locations in the south to compete with Merrill Lynch and other wealth management companies there.
The Gold market did 100% overshoot in 1980. The Gold market did 70% overshoot in 2011. The stock market did 100% undershoot in 2003. MSFT took until 2016 to recover from the 2000 dotcom bubble burst.
Looking at these curves, i can imagine the stock market is within 20% of the bottom, and will take years to recover.
It looks bad if you are old and selling stocks to live on. It looks ok if you are young and buying stocks.
Well said.
My Fidelity person is telling me there’s some major foreign money out there looking to get into the US markets and hoping that a bottom is developing. Right now much of that money is in our Bond markets.
Fidelity Investments believes that Crypto currencies are in no way a fad and they’ presently settling up Fidelity Crypto where retail investors can buy and sell crypto currencies free of commissions as long as a $1 balance is kept in the account.
My Fidelity person is telling me there’s some major foreign money out there looking to get into the US markets and hoping that a bottom is developing. Right now much of that money is in our Bond markets.
FWIW.
I am guessing my big tech stocks could go 20% lower at the bottom.
Stocks go up after elections. Things should go up a little in 5 days if reps get the house and senate.
If we get a "reduce taxes and regs" President in 2024, I expect more recovery.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
