Mad2,
Seems like you and I are the only two left here...
Interesting article indeed... I, being a believer in history, and that history does indeed tend to repeat itself, have been carefully avoiding any buys recently, no matter how good the opportunity looks... I'm actually more fearful of a general market collapse, than I am afraid of any particular stock going up or down... I can avoid the losers simply by doing good DD and a very careful evaluation of any good company. However, in a general market sell-off, reason and logic go out the window in favor of panic-selling at any price. And therein lies my fear... So, I'll take satisfaction in some 2% ROE in a money market fund, or perhaps bask in the limelight of some 3% certificate of deposit...
I see too much unexplained "things" happening right now. I think that the market is being manipulated big time, by someone or something shy and unseen. Perhaps there is something to the so-called "Plunge Protection Team". In any event, until I see a more normal market, and more normal earnings, and more believable government statistics (one's that won't be revised a month or two after release), I'm outta the markets for now. I may lose opportunities, but I won't lose capital...
KJC |
