Thanks for the considerate reply, seriously. I was wondering about the board feelings regarding so many warnings that evidently were entirely inaccurate.
For a moment, I thought you didn't live in your parents basement, obviously I was wrong and I should have also said, excluding 'brain dead' replies.
I think you missed the question, but appreciate your comment, or was it Warrens?
I understand, we're all going to die tomorrow or we're all going to live forever, tomorrow.
Over a period of approximately 21 tradings days leading up to today's close, every major business news network reported comments from billionaires to well-known stock market analysts, each proclaiming; 'we are in very uncertain times, the stock market presents high risks, and strongly suggested that a pending economic adjustment/correction was indeed upon us.' Those widely covered comments were made when the Dow was essentially 1,000 (one-thousand) points lowered that it closed today. So, my question; should one "always" do the exact opposite of what the billionaires and market experts are saying? Just buy, buy, buy every time there is a title-wave of warnings that the market is "overvalued", "overbought, and extremely risky? I've noticed that an ETN with the symbol UVXY, a volatility vehicle that tracks S&P 500 Futures was trading on as high as $91 on September 1st and has now fallen over $60 dollars into the $32's. It would strongly suggest that 'volatility' has essentially collapsed while the 'experts' were saying just the opposite. Interesting to say the least. All opinions welcome, even from the brain-dead.
seriously, the most funniest calls of the year!
Be realistic, 15-20 percent is more reasonable. After all, it was $91's on September first, so it has only fallen $60 bucks on 3% drop in Vol.
as the last 7 years has proven far more profitable.
Now I know things may not be as bad as they were in 2008, but a $60 dollar collapse on what was it; the prospect of U.S. negative rates, 142k jobs, Yum, NuSkin, Alcoa, Gap, & Domino's earnings misses, the lowest employment participation rate in 38 years, more than 62% of the population not having $1,000 in savings, or news that social security will not rise next year?
or just reverse split and wipeout whomever is holding it?
That should give us a rally!
or is it that nobody will receive their Social Security check next month?
from what CNBC is reporting.
information, makes sense, right? After all, how could you explain today?
well, that's what they said on TV.
again, just in case you were wondering what is going on with it.