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This is how I'm feeling about the markets these days

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    This is how I'm feeling about the markets these days

    Nuff said.

    james.c.hendrickson@gmail.com
    202.468.6043

    #2
    ??? Is that good or bad?

    Comment


      #3
      Originally posted by Like2Plan View Post
      ??? Is that good or bad?
      Like2Plan - its just...crazy. I'm a fundamentals analysis guy, and sometimes how market behave is baffling to me. Everyone is ignoring underlying economic fundamentals and speculating like the world is going to end. So, yeah. Flying sharks is about right.
      james.c.hendrickson@gmail.com
      202.468.6043

      Comment


        #4
        Originally posted by james.hendrickson View Post

        Like2Plan - its just...crazy. I'm a fundamentals analysis guy, and sometimes how market behave is baffling to me. Everyone is ignoring underlying economic fundamentals and speculating like the world is going to end. So, yeah. Flying sharks is about right.
        Oh, I see. Well, in that case--hang on! This could be a wild ride!

        Comment


          #5
          Originally posted by james.hendrickson View Post

          Everyone is ignoring underlying economic fundamentals
          I'm not sure that's really so unusual though. The market is often driven by emotion much more than economics. I certainly agree it's been a wild ride, though, and it probably won't settle down anytime soon.
          Steve

          * Despite the high cost of living, it remains very popular.
          * Why should I pay for my daughter's education when she already knows everything?
          * There are no shortcuts to anywhere worth going.

          Comment


            #6
            Originally posted by disneysteve View Post

            I'm not sure that's really so unusual though. The market is often driven by emotion much more than economics. I certainly agree it's been a wild ride, though, and it probably won't settle down anytime soon.
            Crypto is new, so is the massive amount of stimulus spending.
            james.c.hendrickson@gmail.com
            202.468.6043

            Comment


              #7
              Originally posted by james.hendrickson View Post

              Crypto is new, so is the massive amount of stimulus spending.
              True, though there's always something new or different or unusual that pushes the market one way or the other. Maybe it was a real estate boom. Maybe it was the dot.com bubble. Lots of things have come and gone that rocked the market.

              I think the key is to buckle up and hang on as long as you have a long time horizon.

              Personally, I can't deny I'm a bit nervous. I'm hoping to retire in a couple of years so I really don't want to see the market tank in the near term. Even though I'm confident it will recover, I'm not sure I'd still feel safe retiring during or right after a big correction. I'm not a market timer by any means but I am slowly starting to lighten up on our equity allocation. No big moves, and I still have new money going in via my 401k which is in a 60/40 fund, but I'm not adding any more to equities outside of that.
              Steve

              * Despite the high cost of living, it remains very popular.
              * Why should I pay for my daughter's education when she already knows everything?
              * There are no shortcuts to anywhere worth going.

              Comment


                #8
                I believe it was the famous Jim Rogers who said "The stock market has denigrated into a glorified carnival game". Who needs to play online poker when you have a TD Ameritrade account?
                Never underestimate the power of stupid people in large groups.

                -George Carlin

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