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Fireman02360

02/06/18 12:52 PM

#139999 RE: sokol #139983

RE:

Dow keep making record highs has or is about to end.



This correction is very good for the markets long-term. It was way overdue. I agree the overall market may suffer and the easy money has been already made, but if your selective in what you invest in, those stocks will continue to run. Rumor has it the next GDP announcement will be 5.21%, which will be good short-term. Its funny after a few days of the DOW sliding, the so called "experts" are telling the public to be cautious and to "lock-in gains". Just one month ago these same people were telling the public to buy the markets. What do you think they are doing? Buying or selling? I have a really good idea as to what they are doing, and it not selling. I dont trust any of them. I do the exact opposite of that the "experts" are saying in public forums (CNBC,etc). Its been nearly flawless in my 21 years in the market. They said in 2013-2014 that Nvidia would never recover and GPU's were only good for gaming, nothing else...look how that turned out, or back in the late-90s oil was forever going to stay under $30 a barrel. They were buying, while telling the public not to buy, or sell.Don't be duped.

One other thing...we will be in a rising interest rate environment, which is much different than the last 10 years, adjust accordingly.

-Fireman