XJO 0.21% 8,027.0 s&p/asx 200

hopefulone's - almost there - friday, page-66

  1. 1,697 Posts.
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    Best thing i've read all day from a blogger commenting about the DOW. Please read before 'investing'. This sums up what to expect in a consise paragraph.

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    'It's not unusual at all for a correction to drop -15% or -20% before stabilizing and recovering. That means we could see another 5% or 10% down. And... watch out for the inevitable bear-market rally, that will suck you in based on your hope, then thrash you as it reverses course and plunges to even lower lows. After that, when the market begins to rise from deeply oversold conditions, it's time to buy. Certainly not now.'
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