All Posts Tagged With: "stock market"
Beware the Bear Market Ebb Tide
Investors would be wise to beware the Bear Market ebb tide that is currently just getting underway.
The old Wall Street saying that a rising tide lifts all boats is even more true in reverse. Once the tide starts flowing out it becomes a dangerous self reinforcing force.
Those investors who still think that the government and Federal Reserve Bank will still somehow save the economy from a severe recession are just not aware as to how severe and dangerous the challenges overhanging this market are. They also underestimate the speed at which unpleasant events unfold to the downside. Many years of price appreciation can be wiped out within just a few months.
27Mar2008 | taipan | 0 comments | Continued