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With negative initial GDP for the 4th Q, persons using various strategies to make profits from stocks, etc. should be prepared for a correction. Buy put protection, buy some VIX, replace your stocks with options, etc.
10% down would be a normal every day correction, which would be healthy.
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Long term holders won't be affected by the next 10%-40% down.
They can come back in 5 years and see what their stocks are worth.
Last edited by howard555; 01-30-2013 at 12:01 PM..
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Long term holders won't be affected by the next 10%-40% down.
They can come back in 5 years and see what their stocks are worth.
Up or down, its all good with me. I just buy buy buy buy and never sell sell sell.
Really? The Nikkei has been falling since 1989, what if that happens to the SP500?
The SP500 contains top companies that make money and produce a profit. If these 500 stop producing a profit we are all screwed. I don't retire til 30 years from now. I am buying buying buying and never selling selling selling. market goes to 555 tommorow, I do nothing different. keep on buying buying buying and never selling selling selling.
Depending on how many different professional opinions you hear every day, bear or bull, there is a wide range of estimates for S&P earnings.
What those earnings are, and what P/E the market is willing to give to those earnings, creates wide targets for the S&P.
Example:
If earnings are $105.00 then with a multiple of 12 you get a 1260 which is down 16%.
If a 14 multiple then 1470 or basically flat.
Look at this chart and how high or low the S&P could go, all depending on earnings between $98 (2012) and $112 (2013) and what multiple is justified, based on all the factors that affect the multiple.
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