When people get worked up about macro factors that may or may not result in market volatility, it reminds me of a paragraph out of Peter Lynch's "One up on wall st" (which was published in 1989! People are still worrying about the same stuff haha!) "I cant avoid hearing from various gold bugs, interest-rate disciples, federal reserve watchers, and fiscal mystics quoted in the newspapers. Thousands of experts study overbought indicators, oversold indicators, head-and-shoulder patterns, put-call ratios, the Fed's policy on money supply, foreign investment, the movement of the constellations through the heavens, and the moss on oak trees, and they cant predict markets with any useful consistency, any more than the gizzard squeezers could tell the Roman emporers when the Huns would attack."
As always i appreciate your wealth of knowledge
On this occassion i will stick with:"days like these"
My god the sky might be falling but it's not working for my CGS entry. I have been watching this closely and it just keeps going up! The Bill Gates mention discovered and up another 7%. I might have missed the boat on this one IRL. I will see what looming Evergrande Thursday brings. It will probably be $3.00 by then. Should have bought at $2.00!!!!
As a long term Investor, i have learned that days like these present great opporunties to buy at good levels.
I have also learned that i need to have a bigger slush fund ready to go when these opportunties present.