Re: Watch Out
look i told u guys that it will go below 800.
and december is not going to be a piece of cake, december will be horrible for many reasons.
read the article below…and buy good stocks in dec..
between hedge fund redemptions, tax loss selling, cap-gain distreibutions (not many this year i suppose) there would be massive selling, and this is just institutional needs, individuals will add massively to it.
if u can handle some risk, sit and watch..mid dec to late dec it will be at its peak and ..I will buy, buy, buy.
all my investments that I took out of stocks are going into stocks in those 2 weeks.. I will probably sell a bunch in Jan.. , you will see another feel good bounce around inauguration day. but majority i will hold, good companies are getting beat up.
read this article from wsj, right on the mark