http://www.cnbc.com/id/101094493
"The events going on right now are an excuse for the stock market to correct,"
Started by
Dex
, Oct 08 2013 01:10 PM
2 replies to this topic
#1
Posted 08 October 2013 - 01:10 PM
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
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#2
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!!!
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
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!!!
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
17_16