i believe its a cluster fuck and the market is an innocent bystander in the first wave. in the second wave, it will be very much a part of the consequences. so folks are trying to anticipate all that..........
not too mention, when you need dough to meet a loan call, you sell it all, if need be. the other part.
we went green today very shortly after the bkx went real green.
this has been foreplay, marking time. we're barely down for the year. market wise, nothing has actually happened yet.
first and foremost, it is not about the market.
but it will be, just as we have seen.
that's my view.
in fact, since 2003, it has not been about the market. ever.
but then, it would, as now, eventually be about the market.
my focus is per the above at the moment. valuations p/e divvies......... almost beside the point.
1929 actually.
hey mike, you think that's close to right? |