Unfortunately, this maybe mellon's future.
mellon wrote:Ghost of Igloi wrote:I'm sure your cash has made you and your clients a lot of money over the past (2) years.
Cash is still King, especially today. Money market going up, while stock are going down.
Liar, um funny coming from you.mellon wrote:Ghost of Igloi wrote:From 2 years ago.
Cash is King.
This guy is a joke. Along with a liar.
When the Bear Market comes, it starts with a 10% decline, most here will be waiting for the bounce. They will breathe a sigh of relief on the first bounce, thinking it will be like August/September 2015 or January/February 2016. The following decline will be real Bear Market territory. Down 30%, many will feel it is too late to sell. Here is the punch line. Lastly, another notch lower, if we are lucky is stops down 50%, this thread will be quiet. In disgust, the Down Goes the Dow passive investors hit the sell button.