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Reply to "More stock market carnage coming?! S&P futures down another 4.5%!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Start a South Park thread if you want, but this is a financial forum. Let’s talk about those futures! Looking pretty good! [/quote] [i]“In a bear market, stocks return to their rightful owners.”[/i] -J.P. Morgan Anyone who had weak hands while assuming the world was ending and sold during yesterday’s open, then second guess themselves after seeing all that green and re-buy in at today’s open…Congrats! You just locked in a permanent 5% loss of your portfolio. Jack Bogle said it best: “Don’t do something, just stand there!”[/quote] Anybody who sold and then bought back in afterward locked in a 5% gain. Betting on past performance is fun! [/quote]
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