Hello Mohan
I have been reading your posts for awhile now...I know you've been in the bearish camp...
I can certainly appreciate anyone's concerns for others, i will remind you that never in the history of these markets have so many people become so wealthy...
In the true scheme of things, since the 87 lows of 1700, I was there<g>, and lived to play another day :>}...we have come along way to the top, over 6600 points..
It has not been straight up, but it has been up!!!! As the masses began to understand the stock market is a wealth builder, they began in earnest to invest their hard earn dollars for the future...And well they should...
Here we are at a place in history, of extended posterity, happy in our work and lives, and preparing for our future retirment, by investing in the stock market...It works Mohan, people are learning they can and should endure the dips, and yes even buy the dips, and sleep safely at night knowing full well, that the companys they have put their money in are going to be fine...
Some will need time to recover, others are just as strong as they can be at this point in time...But in the end we are going higher, my friend...
Remmeber Mohan, for all the people that bought at the highs, many more have bought at the lows in April, and last year & the year before, intheir 401K's and pension funds and mutual funds and IRA's etc...They will stay the course and continue to invest...Good for them..And good for us...
There is a place in this crazy world for all who partake..To help others, to offer opinions, it's a great forum to vent ideas and thoughts...Yours are just as important as mine and Ike's...
IMO, the state of this countries fundamentals are better today than ever in history...Those that are impoverished are begining to see the light..It's great to be alive today to witness this wonderful event..
The Markets will endure for ever, and Mohan, so will we.....
My Best to you, Jerry |
