Are you pleased that the DJIA is responding to reality, finally?

Question

Do you prefer a Depression with truth...or a soaring economy based upon lies?

Answer 1

The stock market is based on perception, not reality and it overreacts to both good and bad news.  That's why level-headed investors can always make money in the stock market in the long-run.

Answer 2

Never pleased with the market gets trashed.  I wouldn't say our economy was soaring before today, we have been sinking since August of 2007.  We are far from depression and perhaps headed if not in a recession.  Stocks were a little high a few weeks back so a correction was due.  You can also make money in down periods via options or reverse ETFs.

Answer 3

Stocks and funds are at a discount. Buy! Buy! Buy! Then wait for the upturn.

It may take many months.

Answer 4

I'm always pleased with bear markets.  Excellent time to pick-up stocks & mutual funds at a bargain.  I hope the current trend continues at least till the end of the year.