I am not looking for the crash or giant market correction several posters are talking about. Maybe 10% at the most. Reason is because it has taken so so long to get back to where we are on the Dow and SP. I think we are on our way to higher highs on the Dow once we get jobs and lower unemployment. This would bode well for KBLB.
"when the market "corrects" itself by falling 50% I'd call that crash wouldn't you? "
no....depends on the volitility...if it drops quickly on huge volume then it has crashed...if it drops steadily over a long period of time, then it is a correction...a huge correction...but still only a correction... given the economic situation both domestically and globally, the market is extremely overpriced...add in the political situations and you have the potential for a meltdown...
the economic problems will cause a huge correction...toss in a north korean showdown of significant proportions and you get the crash...
i am doing short term trades only...mostly in cash...will be shorting big time when the time is right...then will reverse and buy...
Fannie Mae says the economy is growing. Now there's a real authority. NOT!!!!!!! LOL Give me a break. Unemployment at 9% for how many years now? People are saying we need like 400 Apples to recover from this mess. I hope KBLB can be ONE Apple to HELP the U.S. We need all the help we can get when people are listening to Fannie Mae's propaganda!
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