- This drop is normal for the stock market. Three steps forward and two steps back.
- For every seller there is a buyer.
- The panic sellers are referred to as "weak hands" in the investment literature.
- Take a longer term view. The TSX Index drop so far is well within "normal limits". Check the previous drops on the chart. The DJIA Index is similar.
- If it wasn't the US Credit Crunch it would be some other excuse for the sell off.
- The "strong hands"...those who are buying now have the right idea.
I'm not checking the balances of my investment accounts. How about you?
2 comments:
I am really amazingly calm this time. It seems like every downturn bothers me less and less, until I'm basically anesthetized to losses at this point...
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