Good afternnon Maurice, On this ... Message 18633334
<<... still some people trying to get Green$pan ... I suppose it's all part of the grieving process. steps of grieving, "the process":
1. Denial and Isolation
2. Anger
3. Bargaining
4. Depression
5. Acceptance
...
Thinking of the bear market in terms of The Grieving Process, maybe we have got a way to go. We are mostly through the anger stage, but haven't even started recession, let alone depression ... Hmmmm. I suppose this means that Dow 16,000 is still some time away. Maybe 2 years or more?>>
You are of course wrong, right, wrong and wrong again.
We are not done with denial yet.
You are right that the recession have not officially started, but wrong that the anger stage is over. I say the true anger stage have not made an appearance yet. Be patient.
You are also wrong about Dow at 16k in 24 months time. More likely 6k at that time, just starting to recover from 4k. Again, be patient.
You really do need to rethink your strategy of sitting perfectly still, in the middle of the financial death match arena, hoping that time will help you out on situation that choice got yourself into. Hoping that the flying rockets, and lasing lazers do not hit you.
You, like a warrior in my Unreal Tournament arena, need to move, move fast, swish, swerve, duck, quack, yell, scream, jump, and hide, scoring maims, accumulating kills, collecting frags, and hoarding health points and ammo.
At the rate we are going, you would be netting out zero gains over five years, and I, 8% per annum over the same 60 months.
Repent, Maurice, do the NToeAwsB, as we approach TPonRr, on the way to TeoTwawKi.
Chugs, Jay |
