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"The events going on right now are an excuse for the stock market to correct,"


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#1 Dex

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Posted 08 October 2013 - 01:10 PM

http://www.cnbc.com/id/101094493
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#2 pdx5

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    I want return OF my money more than return ON my money

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Posted 08 October 2013 - 02:38 PM

Market has gone up to THREE TIMES from the low just 5 years back. That is probably more ascent in 5 years than in many decades. So a significant correction is overdue. Do people really expect to TRIPLE again in 5 years? Unreal!!! :rolleyes:
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 Dex

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Posted 08 October 2013 - 03:24 PM

Market has gone up to THREE TIMES from the low just 5 years back.
That is probably more ascent in 5 years than in many decades.

So a significant correction is overdue.
Do people really expect to TRIPLE again in 5 years? Unreal!!! :rolleyes:


Agree - I'd still like to see more fear in the various markets

VIX- just crossed 20
Fed 10 yr - bouncing around 2.65%
FX - not a lot of movement
JNK - didn't move today

Edited by Dex, 08 October 2013 - 03:27 PM.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16