1929:1987:2007: are we headed towards another 10-20% correction in the stock market? Flag, others have insights?

Can someone explain to me why they would want a strong dollar when we have a huge trade deficit?

I keep hearing people saying the are concerned the dollar is losing value. Unless you are going to Europe, why should this bother the average investor?

I could see concern that the weaker dollar will make oil prices increase and that may cause a slowdown in the economy. But a gradually decline in the dollars value would also make exports cheaper and increase their demand and the income that American companies make overseas will be worth more after they are converted back to dollars.

The housing sector and financial sectors are rotten eggs. They will pull the economy down some from its normal growth, but we should see continued growth. Recession talk after one poor day after the last two months we have had is a little quick.

If you cannot handle a little volatility in the market, you may not want to be in it.

You should definitely get out of the market ASAP, and then jump back in after it goes up a few hundred points.

no correction that big. Too much money is being printed.

You will see the DOW decline about that much in terms of purchasing power though, adjusted for 'real' inflation.

With oil at 90, and food prices headed much higher, the only way to protect your assets will be physical holdings of Gold, Silver, and other precious metals, a horde of food, etc. I would look for high dividend multinational corporations, believe it or not, because they do business overseas, the dollar decline will give them a boost.

The FED cut rates .5% for a reason. Hyperinflation is the logical endpoint. Stashing money into a savings account is not going to do the trick. It would be better to buy canned food. I wish I was kidding, and when the financial situation is that bad, well, its pretty sad. Flag will never be honest about it.

Anything below 10% is a waste of time. The dollar could lose that much in a week. It will probably lose 25% per annum, and real costs will be up 30% from what they are now, for everything. Hyperinflation land.

the market is 100% assuredly going to get more volatile.

We are going to be zig zagging from 12000-15000 like it was a stroll in the park.

Just take a look at Oil and the derivatives bubble. There's 8 times as many assets on paper, as there are assets in the world. There's more oil crude futures than there are proved reserves of OIL! AND THE PRICE IS STILL UP AT 90! Imagine if the crude futures and demand of that 'oil' paper were the same? Lmao.

Thats just crazy. I say, own the assets and you decide what the conversion rate is.

In 5 years, any of you would gladly pay me 500 dollars for a barrel of oil, because thats the only way you'd see one.

You'll probably try to kill someone over a can of beans thats how sad you'll be. Don't be that person. Invest in canned food now. Freeze drys are also pretty good. MRE's too. BTW, invest in a gun and ammo. Someone will sure want to take your stuff.

I live off the grid,(solar/wind), and grow/raise most of my own food. I can bike to the school where I teach. Anything else I can do, oh prophet peeps?

Great buying opportunity - cash is KING