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Re: Whalatane post# 83629

Friday, 06/24/2016 4:44:35 PM

Friday, June 24, 2016 4:44:35 PM

Post# of 426530
my friend's refi is business for the lender and forced savings to him. It doesn't other companies or the overall economy...I don't believe I ever stated otherwise.

Also, I didn't buy anything today as (like you)I'm not convinced that valuations won't get better. I also remember Oct 1987 when a bad Friday turned into Black Monday. I almost never buy on bad Fridays.

But buying great companies on weakness has always worked. Quality always recovers. I won't be disappointed at all if we fall hard again on Monday.
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