Oh, good grief, wouldn’t 15K have been pretty freakin’ awesome just a couple years ago? What do people expect? You can’t just continue going up, it has to pop eventually. I am so sick of this nonsense.
Yeah, but if goes to 11,000 or 10,000, then stocks are a good buy.
“Oh, good grief, wouldn’t 15K have been pretty freakin’ awesome just a couple years ago? What do people expect? You can’t just continue going up, it has to pop eventually. I am so sick of this nonsense.”
It is just laughable.
Some people here desperately hope for some civil collapse either economic or from Ebola, so all of that stuff they’ve been storing in their basement for years can be usable.
The market going below 15,000 isnt going to lead to anything noticeable to most people anymore than real market crashes in 2008, 2000, and 1987 didn’t lead to much more than discomfort for a brief period.
“Oh, good grief, wouldn’t 15K have been pretty freakin’ awesome just a couple years ago? What do people expect? You can’t just continue going up, it has to pop eventually. I am so sick of this nonsense.”
Correct. The Internet has allowed drama queens to spew multiple chicken little scenarios. They may be right eventually with one of them.
Exactly. Ebola + ISIS can wreak havoc on the market. More to come IMO. But one has to put this in perspective. We are 10% down from all time highs in the market. Money should not be invested in the market that will be needed for at least 10 years. If a person cannot weather a 10-20% drop from all-time highs they have no business investing money. Unfortunately if one is unable to invest in the market they will have no chance against the ravages of inflation over time. Having said all that it will be a rocky ride for awhile because the potential costs of Ebola on the economy are stunning. Obama is going to get a lot of people killed.
Margin calls, everyone is playing with the House’s money.