mr.verymuch

Why a Market Crash Doesn’t Matter

wondering what you own deep thoughts are, as opposed to all the recycled Napoleon Hill, Bill Gates, Buffett, Horatio Alger, Tony Robbins, einstein, et al sound bites?


On Nov 23 12:22 PM Chuck Carnevale wrote:

> First of all, I want to thank everyone for commenting on my article.
> My purpose was to stimulate thought; it appears it has done its job.
> For the record, I am not insensitive to the losses and the sufferings
> the past market debacle caused. Also, I recognize that the problems
> we face are real and in some cases severe. However, I also strongly
> believe that our economic system works and that our problems, as
> bad as they may seem, are solvable. It will take time, and I believe
> a can-do attitude. However, I also know that running from our problems
> will not work. We must face them with courage and apply our indomitable
> spirit.
>
> As Napoleon Hill so eloquently put it in his great book Think &
> Grow Rich: “In every adversity lies the seed of an equivalent or
> greater benefit.” As we face our challenges and stay strong, I believe
> we will look back some day and discover many benefits that were borne
> of this crisis. A more rationally priced stock market for one.<br/>
>
> Also, for the record, a main point I was attempting to make with
> this article is that forecasting the so-called stock market is impossible
> to do. Therefore, it is folly to try. Investors’ time is better
> spent analyzing businesses which can be done with a reasonable degree
> of accuracy. But most importantly, how you react to market volatility
> is of paramount importance. Implicit in this remark is my conviction
> based on massive amounts of evidence that the market often misprices
> stocks. Fundamental analysis will reveal these discrepancies and
> then appropriate buy sell decisions can be made.
>
> In closing, as Albert Einstein so aptly said: “No problem can be
> solved from the same level of consciousness that created it.” I
> for one believe it better to focus on solutions rather than problems.
> What we think about expands. It’s time to be thinking about our
> economy expanding. Fear weakens us, faith empowers us.
>
> Thanks again for all of your responses. I intend to spend the week
> counting blessings and giving thanks.
>
> Happy Thanksgiving,
> Chuck Carnevale
> P.S. For additional clarification of this article and its intent,
> check out my blog www.TheMarketsUpChuck.com

Why a Market Crash Doesn’t Matter

spot on


On Nov 22 04:47 PM Tiberius79 wrote:

> What an empty article. You start out by misrepresenting Charles Smith
> and anyone and everyone who feels like discussing the outlook for
> the US market. You then proceed to discuss a fictional world where
> certain companies operate separate to the rest of the economy. Then
> conclude by stating, 'what the stock market may or may not do really
> shouldn’t matter to the serious long-term fundamental investor.'
> There are first year Business students who have more valuable things
> to say than you.

The Great Consumer Crash of 2009

please forward to Barack Obama, post haste

Things Aren't as Bad as They Seem - Barron's

who has any fr**kin money left to spend?? everyone's taken a major hosing

Will We Know When We've Made a Low?

"We really only know when we've made a low when we're able to assess subsequent buying interest after price and momentum lows have been made. That often means missing exact price lows, but it also avoids the discomfort of catching those proverbial falling knives..."

doesn't that simply mean "someone will find the low. Just not you."?

Relief Rally in Pictures

can someone pls advise on when i should buy back SDS, DXD, FXP or SMN?

lol