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I find it difficult to believe you are in the market with such a dire opinion on the direction this country is heading. That would seem to be a little conflicting.
Exactly. You would think that someone who preaches economic doom and hyper inflation would take his money out of such economy. These are the same people who preached doom a year ago when DOW was in 6000s, and they said it will sink to 3000. But now when the market is 10 000, they say they are in the market. Strange.....
mmm, you might want to check out most of the country now where its cold, about 20 degrees, but they have no snow.
If you think its always snowy when its cold, call mother nature and complain..
Snow doesn't always follow the cold, but January had a LOT of snow along with that cold - and were ARE after all discussing this past January.
And yes, even just the cold does impact construction. It doesn't stop it (usually) but it does slow it down. It just plain takes longer to get things done. Snow however - particularly heavy snow such as January brought - does a REAL number on construction schedules however (as it does with EVERYTHING ELSE).
For the same reason that telling us you're out or in based on hindsight knowledge is completely meaningless and no one should or would believe it.
Didn't ask you believe it.
Don't really care if you believe it.
Don't really care if you even read it.
The fact is, if folks listened you guys they would never have gotten in the market back in March and and would never have realized the big gains of the past year.
The market is in correction now, but it will come back up (and no doubt a lot sooner than YOU think).
I predicted this response a few replies northward.
Doesn't matter.
The fact is, I've been right. The market's had a HUGE run-up since march - and I've been saying that was going on since April of last year. Now, you can believe I didn't practice what I preach all you want, but my posts since April are a now public record - and I've been saying all along that the market was heading up.
It's not surprising the market is having a correction with the rapid speed and the distance that it's come up. So it take a 10% or even 15%? So what? It'll head back up. Hopefully I'll be able to get back in a lower point than I go out and ride it back up. If I miss-time it, well that's the way it goes, but for now I've recovered my 401K nicely and I have no complaints. I'm way too close to retirement to take too many chances. If I'm not pretty sure it's heading up I'll stay out for a while.
Ken
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