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<p>[QUOTE="WoodyWW, post: 1241091, member: 26001"]<i></i></p><p><i>"Sad to say, I missed the turn in '99."</i> Man, I'm so happy I never missed any of those major market turns<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />. I'd be on my yacht off the coast of France right now if I'd have forseen the G&S crash in 1980, or the 3 year bear market in stocks that began in 2000.</p><p><br /></p><p>I did catch the bottom in stocks in early 2009, but I didn't see this latest stock market crash, or crash-ette, coming. I should've known, when maybe 100 US govt. officials were threatening, for weeks, to throw the US into default. That whole ridiculous scene I'm thinking, really did some damage. I don't even mean to get political; but it seems like investors around the world are just disgusted with us.</p><p><br /></p><p>Last week, & today, investors are puking up stocks, including great solid US multinationals with good dividends, to to rush into G&S at ever higher prices. At some point & price, you truly have to believe that the USD will become like German currency in the 1920's, to justify "paying any price" for G&S.[/QUOTE]</p><p><br /></p>
[QUOTE="WoodyWW, post: 1241091, member: 26001"][I] "Sad to say, I missed the turn in '99."[/I] Man, I'm so happy I never missed any of those major market turns:(. I'd be on my yacht off the coast of France right now if I'd have forseen the G&S crash in 1980, or the 3 year bear market in stocks that began in 2000. I did catch the bottom in stocks in early 2009, but I didn't see this latest stock market crash, or crash-ette, coming. I should've known, when maybe 100 US govt. officials were threatening, for weeks, to throw the US into default. That whole ridiculous scene I'm thinking, really did some damage. I don't even mean to get political; but it seems like investors around the world are just disgusted with us. Last week, & today, investors are puking up stocks, including great solid US multinationals with good dividends, to to rush into G&S at ever higher prices. At some point & price, you truly have to believe that the USD will become like German currency in the 1920's, to justify "paying any price" for G&S.[/QUOTE]
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