SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-158

  1. 10,193 Posts.
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    the DOW is safe, until the day it isn't, things look rosy now but a 1000 point drop in the DOW and people will start to panic, since im out, im expecting the stock gods to punish me now and for their to be a massive selloff soon.

    Im sticking to gold and term deposits from now on, im not touching another stock (to go long on) until we get a proper market crash, as in DOW down 40% minimum. than I will carefully pick up blue chips, until than im out of the market.

    this market is like a gambler on a winning streak since 2009, he has had a good run, but eventually his luck will run out and if he keeps playing he will eventually lose all of his past gains, just like what will happen to the DOW, eventually the DOW will lose the vast majority of its huge gains since 2009, equilibrium eventually will catch up to the market, like it catches up to a gambler in a casino who has got a winning streak.


 
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