Dangerous territory

Discussion in 'UPS Retirement Topics' started by OLDMAN3, Aug 18, 2014.

  1. OLDMAN3

    OLDMAN3 Guest

    Anyone else here feel we are overdue not only for a market correction but a severe bear market?
    A strong case can be made for S & P 1000 or possibly 500 ...


  2. Dont put all your eggs,in one basket.

    Keep ayear of two,in cash

    Then dont worry about it.
  3. OLDMAN3

    OLDMAN3 Guest

    I have been in the market since 1986. This market feels like 2000 and 2008 but worse. I am taking ALL my money out. I personally believe we are going to witness a crash greater than 1929. I have been Bullish for decades (until this year).
  4. upschuck

    upschuck Well-Known Member

    I've got enough time to wait out any down market. Not worried. As you can readily see, the trend is to rise despite to downturns.
  5. Look up. 10 Talents
  6. upschuck

    upschuck Well-Known Member

    Rabbi I've?
  7. OLDMAN3

    OLDMAN3 Guest

    I cant take 15 to 20 years of a major Bear market. We are in nosebleed territory. The 1929 crash and resulting great depression crushed my family. Prudence is called for when greed is rampant. Good luck to you all.
  8. Nope,lmao

    But an old story,that apllies to today!
  9. upschuck

    upschuck Well-Known Member

    There is hope yet! :angel:
  10. upschuck

    upschuck Well-Known Member

    How old are you? You must be TC who seems not to want to retire. :funny:
  11. OLDMAN3

    OLDMAN3 Guest

    My great grandpa was a banker in 1929. My mom and dad lived through the great depression and had some stories to tell. What is TC?
    And no, I am not giving up my cush route soon!:biggrin:
  12. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    We are not in nose bleed territory. Look up P/E ratios. Do I think we are due for a correction yes. Do I see a complete crash no way.

    The market is near the top of its historical P/E ratio but here's the thing. Earnings are forecast to go up 7-12% next year. That means the market could go up the same amount and be no more inflated than it is today.
  13. The market will go up! the dollar no!

    Best bet,pay your bills off.
    Best debt is,no debt.

    A few bucks in your pocket,and no debt.
    Is worth more than a big paper statement,and no cash!

    Do not live,beyond your means!
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  14. jumpman23

    jumpman23 Oh Yeah

    MONEY STACK.jpg Up to you when you want to make it rain lol.
  15. Hey...brother Jump...need a few duckies
  16. jumpman23

    jumpman23 Oh Yeah

    No rain in the forecast, SORRY CHARLIE lmfao.
  17. Frankie says,Relax dont do It
  18. Griff

    Griff Active Member

    The bull market will end the moment QE ends. The whole thing will shift upside down faster than you can click sell.

    Anybody who thinks the whole market run-up since 2008 is because of a "recovering economy" needs their head examined and should probably stop watching the news.

    Sent using BrownCafe App
  19. brownmonster

    brownmonster Man of Great Wisdom

    Past performance is not indicative of future results.
  20. Returntosender

    Returntosender Well-Known Member