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Translation: this is not a drill, dammit.

Translation: this is not a drill, dammit.
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8 comments on “Harry.

  1. monkfelonious says:

    I just read over at CNN this: “Selling your stocks now will only lock in losses”, with the sub title of;” Market volatility is a value investor’s best friend.” For me, I’m pretty happy with bailing early. There is something about being 97% in cash that feels pretty good even if like a stopped clock, its only right twice a decade. I could never understand this ‘pry my dead hands’ of stocks when getting out then getting back in is rather inexpensive, at least in an IRA trading account.

  2. Anonymous says:

    This one belongs in the Hall of Fame, H.

  3. Free Capital says:

    Thanks – love the article and the graphs.

    Late cycle correction. Wouldn’t be surprised to see this bottom out somewhere around the 200 DMA, ie. ~13% below that Jan 26 peak, then turn up for another assault on the summit. If folks think this feels rough, just wait for the real bear shit storm that will likely start before end 2018 and will occupy probably all of 2019…

    In that sense, actually this is a drill.

  4. VietVet says:

    …at least if you are over 50% cash already, then it’s a prepper session.

  5. Murphy says:

    Caution! When trump says pray you are assuming on bended knee and folded hands …. wrong.

    In trump’s world that would be PREY.

  6. […] story short, this is starting to spill over into credit and as we wrote in “Harry“, that is not a good sign. Have a look at CDX […]

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