To all,
Just a couple of comments here about a broader situation.
We have been all watching the incline of the DOW, etc and the general decline of hard assets. Gold, silver, platinum, palladium, oil, grains, etc.,etc.
Recently, we have seen a resurgance of the precious metals which is presently in excess in my opinion. We are historically near low here, but have perhaps another little drop or two to contend with. Markets like these die slowly and bottoms have more dips than we would like.
What I would expect here is for the stock market to make further historic highs here as it shakes out topside. I know not what the trigger of its demise and I know not the extent of its incline, but I know that in relation to even recent higher highs, we are clearly in excess here and I expect after this high to see a correction.
We live in a different world here in terms of technological progress and I would have to say that the tech champs will perhaps be least affected by any general decline.
I am not largely a very successful investor, so you must view my comments in terms of that very true fact. I will say this. My perception is that we are in a period of great change. I cannot tell the day nor the hour, but in my bones, I feel the change coming! I know not what that means,but I only share my feelings here.
On a personal basis, I would say that if you are thinking about refinancing your house and your analysis says that it benefits you, then take action and do it now!
If you have great profits in the stock market, then think about protecting your profits here. Not to say that certain areas of investment will not progress greatly.
Not sure what I have said, and not sure what it means, but personally, I feel a change in the wind!!
When I see great incline or great decline, then I begin to doubt the trend. I know not the time or day of the reversal, but I begin to expect that one will occurr and wait for it to happen!
Doubting, Jack!! |
