WL, It'll take a few days for investors to figure out what's happening in the stock market. Expectations in the market were obviously flawed and a pipe dream. At first glance, it is apparent that the Fed's policy to keep the interest low was not working. IMO, the policy made the people to take their money out of their bank accounts to get better return of their investment in the stock market. The change in investment strategy caused a temporary bubble in the stock market, until the people realized that American companies are not making money as expected. Coupled with the economic problems in China, the market was primed for a major fall which happened last week and the bloodletting is still going on--of which the economic pundits are clueless to know when it will end.
---In FairfieldLife@yahoogroups.com, <WLeed3@...> wrote : In a few days or even next week GREAT opportunity to BUY, Buy of fear sell high EXCELLENT again cash is KING! -----Original Message----- From: jr_esq@... [FairfieldLife] <FairfieldLife@yahoogroups.com> To: FairfieldLife <FairfieldLife@yahoogroups.com> Sent: Mon, Aug 24, 2015 4:45 pm Subject: [FairfieldLife] Re: Stockin' Up? This is serious business folks. The stock market has plunged below 16,000 and who knows how far it will go down. Fear and economic woes have taken over Wall Street. This is pure capitalism in action before our very eyes. Stocks plunge as global economic, policy fears grip Wall Street http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html# Stocks plunge as global economic, policy fears gri... http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html# Wall Street dropped on Monday in tumultuous action, as traders raced into safe-haven assets. View on finance.yahoo.com http://finance.yahoo.com/news/u-s--stocks-poised-to-plunge-as-traders-race-into-safe-havens-121002330.html# Preview by Yahoo ---In FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com, <noozguru@...> wrote : Stock up on canned food for stock market crash, warns former Gordon Brown adviser http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html http://www.independent.co.uk/news/uk/politics/stock-up-on-canned-food-for-stock-market-crash-warns-former-gordon-brown-advisor-10469509.html Don't forget the kippers.
