Comments on: Market Correction Is Here

By: frugal

frugal — Fri, 12 May 2006 19:29:42 +0000

Because the bull market has last more than 3 years now, we are overdue a significant correction. Whether the correction will become a longer-term bear market, I don’t know. Next year is an election year cycle, and stocks tend to go up. I hope that this correction will last less than 6 months, but it should last at least 3 months. There are many people out there calling a resumption in the long-term cyclical bear market. I hope that they’re wrong, or if they’re right, they’re only right in the sense that stock markets are crashing in terms of gold value (which is so true by the way).

By: Financial Freedumb

Financial Freedumb — Fri, 12 May 2006 19:18:52 +0000

Interesting post…I’m debating when to invest…maybe I’ll put it off for awhile since I’ve been putting it off for so long already lol

By: frugal

frugal — Fri, 12 May 2006 19:07:38 +0000

Thank you very much for your complement. I really appreciate it.

By: Phil

Phil — Fri, 12 May 2006 16:04:08 +0000

First time reading your blog, great stuff. I just wanted to chime in and say I agree with you about the correction: things are too complicated for even the fed, and everyone is picking up on that (inflation v. sluggish economy). Look at some of the former leaders tanking ahead of the market, I think the next few months are going to be very telling. Again, great blog.