Well we got a selloff...now what? Good earnings (b/c of the financial steroids) were sold and sold hard. Dont forget people we had rallied 70% off the lows....it was overdue. Now remember how overbought we stayed it is entirely possible that we could remain oversold for quite sometime.
Markets nature is to push people to challenge their beliefs and convictions as last years inexorable bull run drove me nearly insane.
On a personal note my wife did a 1/2 marathon this past weekend and raised over $5k for children with terminal illnesses - couldnt be more impressed or proud. Way to go!!
JB
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thanks jon. thanks for keeping the house clean and the kids happy while I was away.
ReplyDeleteyou are welcome
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