Originally Posted by Rod Kaufman
What would you know about the market? The only market you know about is the one you buy your steaks at for your barbecue.
Now, for some reality. Jim Brown thinks he's happy now because the market had a good day after dumping two days in a row and with Dow futures now going south this evening, he may feel less happy on Thursday. We'll see. But, considering he'd be A LOT happier with the Dow at 35000 than he is now, it's safe to say he isn't as nearly as happy as he would be if that were reality...
In all seriousness Rod, the market has been doing incredibly well since last March and I am happy. I'm happy at 34000 and I'll be thrilled at 35000. I was not so happy last March at 19173.
I do think the market is overheated and it will correct. I also think that pent-up consumer and travel demand is going to juice the market one of these days, contrary to my own opinion that the market is overheated. Since I really don't know squat, I don't trade often.
The thing I find funny is your propensity to blame one or two-day market bumps and jitters on some Republican, DeSantis in this case. This is something you've done for years and I always find it humorous, given the long-term trend. A bounce occurring a day or two after you call out some Republican for tanking the market is entirely predictable - I ought to day trade contrary to your political analysis! I don't have the cojones though... Like you, I'm a buy and hold kind of trader.
Jim