Quote:
Originally Posted by nelsonob1
When it pops, it is extraordinary how little it takes and how impossible it is to stop. Millions of day traders scrambling to get out, margin accounts imploded, and then BOOM, the big money follows.
The smart investors don't care. They either already cashed or they are in it for another cycle anyway.
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I personally have a long time which is why I'm still in. And this is the reason I'm in undervalued stock paying a good dividend right now. The Market cant handle a P/E over 30. The whole thing has to pop. I don't want to be holding small caps at that point, or speculative stock. But then again I dont know what I'm doing according to one poster.
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“If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.” John Stuart Mill
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