holding tight. BUT it is gonna be a bumpy ride.
Most people don't fathom the billions of dollars than flow in & out of the market on a daily basis, and the fact with SO much more money going in & out, than even 10 years ago, that it will create much higher volitility. Just a sign of the times.
Case in point. Around this same time last year we experienced a sell off of -16% peak to trough and the market finished out 2010 up +15%.
With today's actions, we are at about -10% from peak to today.
Last edited by cmdrost; 08-04-2011 at 01:56 PM.
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08-04-2011, 01:41 PM
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