Originally Posted by scho63:
The level of pessimism being bandied about is pretty surreal. Markets normally never go down when things are this pessimistic.
Lots of good value in the market. I bumped up my 401K contributions to the MAX at Amazon, including a good chunk going into AMZN stock.
"Bull Markets begin on Pessimism,
Grow on Skepticism,
Flourish on Optimism
and Die on Euphoria."
Sometimes us old dogs know a thing or two.....:-) [Reply]
Today I'm going BACK in the market.
I've learned that I would probably be about even right now if I hadn't touched it.
I've lost about 10% through it all.
Would do it all over again for the sense of security. [Reply]
Originally Posted by lewdog:
The delisting of Chinese companies has me worried about my position in BABA. they’re solid as a company but that could wreck US investors invested in it.
It'll probably hurt short term sentiment but that's about all. Worst case is they end up trading OTC, Id think. The other big Chinese tech conglomerate Tencent trades OTC now. Lots of foreign companies don't bother with the time, regulations, cost of listing on the NYSE or NASDAQ.
If there was much of a chance US investors we're gonna get wrecked, the share price would be trading like an airline [Reply]
