Quote:
Originally Posted by Pete F.
No #^&#^&#^&#^& sherlock
What's your point?
I said no bear market has ever been over in a month, are you saying one has?
If you have a limited amount of capital and want to limit your risk, wait.
If you think this market has bottomed out or is even close, feel free to buy now.
All I said is that you have time, no bear has ended in a month.
You claimed that you would borrow to buy, odd that you haven't, all hat no cattle, full of baloney as usual.
Numbers matter and buying an index fund when the dow is at 15K is better than 29K
And just think, even if you bought in 07 you are better off today.
Glad you can read minds and decide my motives, your super powers are amazing. I leave the praising of Trump* to you, you are relentless in your fealty.
Senator Burrs comments from 3 weeks ago to a private meeting about the expected ramifications of coronavirus show just how much this administration has been hiding from the public what will be known to history as the Trump* plague.
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"I said no bear market has ever been over in a month"
Why did you say that? WHo needed to be told that?
You also criticized Kudlow foe telling people to buy on the dip. When the DJIA gets back to 29,000, people who bought when he said will make a good return.
"If you have a limited amount of capital and want to limit your risk, wait."
Wrong. Wrong, wrong, wrong. Because hw can you possibly know how long to wait? Because it could rebound, and you'd miss out. If you want to limit your risk, "you use dollar cost averaging", which means you out in a little now, a little later, a little after that.
"If you think this market has bottomed out or is even close, feel free to buy now"
I have absolutely no clue when it's bottoming out, so I'm buying every time it goes down 5%.
Let's attack this from a different angle, Pete. How will
you know when it's bottomed out, how will you know when it's time to get back in? When Paul Krugman says so?
"All I said is that you have time, no bear has ended in a month"
Your dimentia is worse than I suspected, because you said more than that. You criticized Kudlow.