Coming Soon: Banking Crisis of Historic Proportions [View article]
So if the market moves down instead of up what will you be doing?
On Aug 16 07:53 PM Tack wrote:
> It's precisely these kinds of histrionic, doomsaying articles (and > comments) that give me greater confidence to maintain, and selectively > increase, investment positions in banks and other financials. The > same people who likely lost lots of money on the downside will watch, > mystified, as they observe from the sidelines the recovery phase. > > > And, the more the markets run away from them, the angrier they'll > get, at everybody but themselves, of course.
Coming Soon: Banking Crisis of Historic Proportions [View article]
On Aug 16 07:53 PM Tack wrote:
> It's precisely these kinds of histrionic, doomsaying articles (and
> comments) that give me greater confidence to maintain, and selectively
> increase, investment positions in banks and other financials. The
> same people who likely lost lots of money on the downside will watch,
> mystified, as they observe from the sidelines the recovery phase.
>
>
> And, the more the markets run away from them, the angrier they'll
> get, at everybody but themselves, of course.