>>23421978
if this be the last bant smg, let it be known I dropped a 20%er in 2 days ticker on accident by throwing a dart at the barrons ticker listings.
also to the bears out there I hope you can shell out a few bucks to gain access to the wsj archives, ya can see what the daily headlines were before the 2000 and 2007 crash. nothing like what is happening today. heck just look at the months leading up to the crashes on the charts, we had months of a distribution cycle, which to the untrained eye just looks like volatile crabbing. but the smart ones likely got out earlier than that, and the volatility leading up to the actual crash was the second most smart ones selling then waiting for retail or their other wall st buddies to chalk the price back up to an acceptable level.
we got too many people smart and dumb buying right now to even consider a crash on the horizon. buy hey you do you, stress out about something that might never happen for years. wall st doesn't move in sudden jerks anyways, so you'll lose a few points of the port, so what? if ya time it earlier, ya can pivot to whatever the sector rotations lead ya to. and in the case of 2000, people fled to what wsj called "old economy" stocks, so in modern terms I'd just choose a good ol cash flush blue chip or somebody that won't see a single dip in a downturn, like tire companies, GT lookin fine.
I have seen day in day out the adage "more money is lost preparing for the downturn than in the actual downturn" and I know you lads are much smarter than the average investor. act like it dingus. research stuff not only to sooth your stresses, but find out what the rotation is for a downturn, we gots to make money in every season otherwise why are we here?