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Re: DOW is headed back to 22,000 level, 

By: Decomposed in POPE 5 | Recommend this post (2)
Wed, 26 Sep 18 8:25 PM | 50 view(s)
Boardmark this board | Pope 5 		Msg. 08568 of 62138
(This msg. is a reply to 08437 by Beldin)
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Beldin:

Re: “So, forgive me if I continue to invest in the market as rationally as I can and not enthusiastically join you in breathless, hopeful anticipation of the sky falling. ”

Good post. While I wish I could say that I agree, I don't. Not completely.

Like you, I don't wish ill upon anyone except the guilty. But - like Nemo - I wish that the sky would hurry up and fall.

"Sky falling," by the way, is a lame and insulting analogy, but you're the one who introduced it so I'll continue with it.

The economic sky, unlike Chicken Little's, really is falling. History will prove that to be true. I *think* even you agree. Unfortunately, nobody knows when (or, more accurately, when it will be undeniable), so it's easy to mock those who continually rail against investing in this fake economy. The absence of a schedule doesn't change the fact that they're right.

Am I a worse person than you for hoping that the sky falls SOON? I don't think so. If it doesn't fall soon, then it will fall later. Meanwhile, it continues lingering overhead... making us neurotic and making honest investment very difficult. The saboteurs who created the mess continue to benefit. I hate that.

I believe that the longer the situation continues, the worse it will be when it does come down.

Finally, I think it would be terribly unjust if, by virtue of having already died, the ones most responsible miss the destruction that's coming. No, I want them to see what they've done and maybe even have to face the wrath of the world. They've certainly earned it.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: DOW is headed back to 22,000 level,
By: Beldin in POPE 5
Mon, 24 Sep 18 10:17 PM 		Msg. 08437 of 62138

Cap'n ... I realize there are good reasons to be wary of an overextended market, but you act like you seriously want (almost gleefully so) the market to crash. If you have missed out on the run-up and are resentful about that, then you have my condolences, BUT the constant droning of doom & gloom by market bears quickly becomes not much more than annoying noise after a while - blah, blah, blah, blah. Of course, market bears will eventually be right ... the market is cyclical and a broken clock is correct two times per day ... but, that does not make them necessarily prescient when it finally does happen. I have enjoyed the run-up of the market very much and have made sure that my portfolio is highly diversified and includes a substantial investment in physical gold and silver. I do not wish to see the market crash and I do not understand the thinking of anyone who would ... unless they are hanging it all out there on a short ... but, even then, such widespread devastation on the financial resources of the general public would be a calamity no one should wish for. What would you have us do ... convert everything into physical gold and silver and bury it in our back yards, eh? If we had done that a few years ago, we would be MUCH poorer, today! So, forgive me if I continue to invest in the market as rationally as I can and not enthusiastically join you in breathless, hopeful anticipation of the sky falling. 

Rolling Eyes

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