Hi Jeff,
You didn't ramble one bit... you wrote a wonderfully articulate and visceral post that speaks directly to our fears and our wishes, to all of ours.....<g> these markets always go from one extreme to another... they become over bought and then become over sold... for these markets, there is no happy medium, only raw or burnt.....<g> I don't think we'll crash... I don't think the world will come to an end or spin out of control into a death spiral... not at all...<g> this downward move in the market is only a temporary pull back, albeit of somewhat larger proportions perhaps..... even a one day pull back in a bull rally is a bear trend for that day..... I'm not even thinking that these markets are going to crash, but I do remember that on October 19, 1987 when the DOW fell 508 points that the low that day was the bottom and the beginning of a new bull market..... if it rained every day, we would be living on a planet without dry land... and if it never rained then all the land would be a desert... we need both sun and rain, rallies and sell offs, the ebb and flow... these are the cycles of life itself... I think that a cool head will always prevail and patience is always the key..... well now you have me rambling.... I guess it's easy to ramble when we feel comfortable among friends.....
My Best Regards,
GZ |
