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Re: JohnCM post# 228

Thursday, 03/29/2018 2:52:35 AM

Thursday, March 29, 2018 2:52:35 AM

Post# of 341
I agree but I think this correction is just beginning I think it will take 5-6 months and roughly 1/3 to 1/2 of the points off the Dow and the Nasdaq . The entire world is going into recession right now every asset class and every market points to it . Sorry to say .its not like there is some glitch that makes the market move like it’s moving the only thing that does this is when institutional money starts coming out of the emerging markets and and they can’t just the sell button and move trillions of dollars out it takes months and they do it very methodically so they can try to get out and still get the best possible price for themselves everyone else they tell to sit tight and hold gets left holding the bag . They say it will come back and it will eventually because once it bottoms out they will put the trillions back in methodically to get a cheap price and then of corse that will bring it back up . The last few times it’s taken 10 years to do a full cycle . Bottom line imo shit is hitting the fan and unless your day trading and shorting it’s going to be tough for the long investors to make a buck in the coming years if any at all . GLTA