I gotta hope we're approaching the bottom of that emotion chart...
S&P is now 12% off its high.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I gotta hope we're approaching the bottom of that emotion chart...
S&P is now 12% off its high.
de·spon·den·cy (dĭ-spŏn'dən-sē)the bottom of that emotion chart...
n.
Depression of spirits from loss of hope, confidence, or courage; dejection.
Are we there yet?
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I'd say we're getting there.
The market is just looking for excuses to sell off, and I gotta think that is weighing heavily on sentiment.
I think the real despondency will come after a couple of rallies that end in a retest as those buying will lose all hope. A reflex rally, which is due, will just be a temporary relief to the bulls. It's typical bottoming action, and nothing like we have seen in early 2003. 2004 was tough at times, but the drops were not this bad.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I think we are "here"! But, we are not "there"! According to Spaf logic U can't be both "here" and "there" at the same time!..........When we get "there" we will be "there"!....... Now does anyone know where "there" is??????
Gilligan's Account Moves............................Gilligan's Account Talk
Gilligan's Account Moves............................Gilligan's Account Talk
SPAF:
Thanks for the cartoon...I not even sure where "here" is the past month and half, much less where "there" is...
And I'm supposed to know how to navigate...sheesh...
Tom, I apologize for kidnapping your account talk..but Spaf's cartoon made me chuckle..
FS
FogSailing
Try to learn something about everything and everything about something.
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