The market has been dropping fairly steadily since last week. Any thoughts from the financial gurus out there?
It's Bush's fault and the GOP Congress - they're destroying the country by favoring the rich yadda yadda yadda...The market has been dropping fairly steadily since last week. Any thoughts from the financial gurus out there?
Totally agree. I fall into the "expected" category. I am building my cash position and patiently waiting for another market collapse on the scale of 2008.Not sure 'feared' is the best description. Expected/needed maybe.
I keep on converting more to cash...The market has been dropping fairly steadily since last week. Any thoughts from the financial gurus out there?
Where do people see it settling?I keep on converting more to cash...
My own broker thinks 10-20%. I'm not so sure. We're at about 85% cash now...Where do people see it settling?
I think real market value is probably around 12k right now, but I doubt it will settle that low.Where do people see it settling?
Smart move considering the government ordered 100K biohazard suits from them.I've largely been a seller recently, but a few weeks ago I did buy a few thousand shares of Lakeland Industries at $6.
http://data.cnbc.com/quotes/LAKE
They make hazmat suits.
Wow, nothing wrong with that profit.I've largely been a seller recently, but a few weeks ago I did buy a few thousand shares of Lakeland Industries at $6.
http://data.cnbc.com/quotes/LAKE
They make hazmat suits.
Where do people see it settling?
I love how the guy who handles one's money is called.......a BROKER........My own broker thinks 10-20%. I'm not so sure. We're at about 85% cash now...
Just in time for the midterms. Don't worry - now that they're over, the market will be on its way back down (and gas prices back up) very shortly.The market is now at an all time high. Hope those of you that got out got back in in time to enjoy the ride back up. Timing the market is very difficult .