How Low Can It Go?

[FRPLG]

Originally Posted by Schneed10

He shouldn't care. If people want to be irrational (ie retarded) and get all panicky and sell, that's their problem. Eventually someone else will come along and buy up those devalued shares, and they will be the ones to reap the rewards when the market goes back up. From a macro level, it's all good for the United States. Some will get panicky and lose by selling now, and others will pick up those shares and gain.

It's up to the people to decide for themselves to be smart or stupid with their money. If they're looking to the President of the United States to determine what the market is going to do, then they're categorically being stupid.

I see your point an d fundamentally agree but here's the rub. While his policies kill the market real devaluation is taking place. People who don't have 10 years to wait for it come back are getting screwed in the ear. It is not going to bounce straight back up. It will probably be a slow and steady rise.