Go, Economy!

Don't bury your head in the sand. Re-examine your positions, your capital at risk, determine if you are fine with your asset allocation, if you should be more defensive, re-assess your investment objectives and compare it to your market outlook. If you think the markets will go down 10% from this point, I can't for the life of me think of a reason why you'd stay long and not in cash or more defensive plays. If you think the markets will go up 10% from this point, I can't for the life of me think of a reason why you'd stay in cash and not go long. While acting impulsively and out of emotion are not advisable, burying your head in the sand or hiding under the blanket is not acceptable. Look at where you are right now and determine if you want to ride it out, or move to cash for protection and fight another day. You won't know where you stand if you don't look.

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Originally Posted by kingoffighters

You misunderstood the phrase.

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No it really just sounds like someone saying "hey, we lucked out! blame the unseen magic of economics" without really explaining why it's so. I took a few econ courses and it doesn't seem like a proper way to explain things.

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Originally Posted by Yoshi

I don't think so. Congress is basically a group of 535 3 year-olds. Their attention spans will run out pretty quickly when they see a new shiny object.

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http://www.the-nextlevel.com/board/a...chmentid=40791

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Originally Posted by Gooch

Don't bury your head in the sand. Re-examine your positions, your capital at risk, determine if you are fine with your asset allocation, if you should be more defensive, re-assess your investment objectives and compare it to your market outlook. If you think the markets will go down 10% from this point, I can't for the life of me think of a reason why you'd stay long and not in cash or more defensive plays. If you think the markets will go up 10% from this point, I can't for the life of me think of a reason why you'd stay in cash and not go long. While acting impulsively and out of emotion are not advisable, burying your head in the sand or hiding under the blanket is not acceptable. Look at where you are right now and determine if you want to ride it out, or move to cash for protection and fight another day. You won't know where you stand if you don't look.

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All of this, and don't look to invest in foreign markets, they are tanking as bad or worse than ours is.

Even my precious gold lost a shit ton of momentum today.

I'm going to pull most of my money out and leave some petty cash in. Maybe 1500 or something like that I can stand to lose.

If you're only going to play with 1500, you might as well buy some weed and sell it for a 20% markup.

Or stockpile fresh water to sell in 2041

No, I'm going to bide my time until volatility settles before putting my eggs in a scramble.

If you have a good advisor, this volatility is exact the kind of market a savvy canadian designer can use a stepping stone to fiscal world domination.

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Originally Posted by Gooch

Don't bury your head in the sand. Re-examine your positions, your capital at risk, determine if you are fine with your asset allocation, if you should be more defensive, re-assess your investment objectives and compare it to your market outlook. If you think the markets will go down 10% from this point, I can't for the life of me think of a reason why you'd stay long and not in cash or more defensive plays. If you think the markets will go up 10% from this point, I can't for the life of me think of a reason why you'd stay in cash and not go long. While acting impulsively and out of emotion are not advisable, burying your head in the sand or hiding under the blanket is not acceptable. Look at where you are right now and determine if you want to ride it out, or move to cash for protection and fight another day. You won't know where you stand if you don't look.

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Well, I didn't check today. But damn I feel like I should do something. I just don't know anything about this stuff so I certainly have research to (quickly) do. My instinct is to sell it all and buy physical bits of gold.