View Single Post
Old
10-09-2008, 02:33 PM
  #57
CH4
Registered User
 
CH4's Avatar
 
Join Date: Jul 2004
Location: Chicoutimi
Posts: 1,740
vCash: 500
Quote:
Originally Posted by DaveG View Post
My bet is it won't be long before 8000. WAY too many people panicking and not thinking long-term right now. I'm personally going to wait another month or two to see how things are going and then go buy crazy. I'm of the opinion that bad news means it's a good time to buy because people are going to be looking to get out for a fraction of what they should be getting.
I would suggest to not wait more then 2 months because you're going to pass awesome buying opportunities

now is a good time to put money in some sectors and wait a bit for others.

As much as the market is going down fast, it tend to reajust very quickly too ( see RIM last week).

Anyway advisor's tip of the day is done. Just writing and telling the same thing on the phone at the same time feels weird.

Quote:
Originally Posted by Fido22 View Post
I had a long talk with one of our traders yesterday and he kept insisting that it will be 15-20 years before the markets hit new highs.

I don't like that man!
I disagree comopletely.

20 years ago was 1988.. sound a bell?

everything may happens in 15 years, markets will take a good 3-4 years to reajust and then we'll see.


Last edited by Beakermania*: 10-09-2008 at 02:39 PM.
CH4 is offline