by Summary:
Stocks are on sale! 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Stocks are on sale! 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Stocks are on sale!  |
When s&p was at 4500 people would say I wish it was back down to 4100 I’d buy it in a heart. When it drops for 4500 to 4100 they panic sell and wait for some sign that will never come to buy. Buy low hold at the highs and buy when it comes back down is the way to get wealthy
lol, true…and…oh, no..market isn't coming back for 7 to 10 years!
Mike all due respect you’re comparing apples and oranges. when markets go down people’s net worth/retirement savings goes down with it and that’s why they panic. When a consumer good goes on sale your net worth doesn’t go down and the benefit of buying on sale is clear
Nice one Mike, have a great weekend. Will be watching the rugby World Cup final.
Mike whatchya smoking? The US Treasury syphoned off 800B dollars of cash from the economy since june of this year. And the Fed isn't buying any of the new issuances. There is a strong chance we dip intp a deep recession this year going into 2024. You were dead wrong about 2022 when all the warning signs were flashing red.
The charts of the indecies look terrible, Mike.
Double bottom October lows coming. Maybe lower.
Excellent. Thank you
One-variable analysis is bad. Whether that variable is interest rates or "the flows" — both such analyses are bad…