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Re: poor_user post# 37

Friday, 08/19/2011 6:48:34 PM

Friday, August 19, 2011 6:48:34 PM

Post# of 89
Remember, be patient with a market like this. Do not be buying anything on the long side. This will bottom eventually, but it will take time.

Kinda sucks. I have been sitting in 100 percent cash in my parents accounts for almost a year now. This market has really sucked. How can anyone out there trust it is beyond me.

Funny how as soon as the FED pulled back their stimulus that the market became shaky and then it looked like it was going to rise good and hold, but no...

The economy is not as bad as the market is saying right now. But maybe it knows something we don't. Yeah, things are bad, but not this bad. Come on!!!

Anyway, the smart money is being patient. Then it may be time to go long financials. We will see. :)

And it is funny how tech was looking so good and now...not!!!