Gloom? Doom? Be fearful when others are greedy and be greedy when others are fearful. The jacked up psychology of the market can not change the fundamentals of quality stocks but it can scare others into selling at a discount. I am tired of all the negativity and politcal #$%$. Good luck investors.
Torp - At last a great post that makes good sense. Hell's fire if the Nation is gone due to the Nut stealing the election, your money ain't gonna be much help anyway.. So folks buy like hell right now while the deals are there. Torp is 100% correct - NOW IS THE TIME TO BUY. (FEAR IS HERE).
I agree. The panic lasted a couple of days and the trading has got somewhat back to normal. However, I really thought it would drop more and had put in orders at a lower price. We’ll see what happens in a week or two. If it drops more, I’ll load-up. If it don’t, I’m Ok too since I didn’t buy into the fear factor. My next concern is what are these nuts in Washington going to do with the dividends rates for next year? Since many of them are getting rich of the 15 percent tax rate (not that they have any inside information or anything like that) I’m betting on them keep it the same. Your thoughts?