Ok, seriously, I think the market will go back up, but a lot of news that you see will say this is the start of the bear market and get ready for big drops in price. I’m in the market for a lot of long-term investment. If there are more drops in the DOW, get ready for some major good purchases in the market. Remember, investing in stocks should be for people looking to hold on stocks for at least 1-2 years. In my time frame, that’s about correct. Some people might have longer time frames, but I like to get my quick cash and get out.
CDE and PAL continue to go down in price. CDE went down 10% today and PAL actually went up 1%. If they go down enough, I’ll double down and take what is called the ‘falling knife’. I will take the gamble and make a bunch of cash or lose a whole lotta :-/
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