Depends on your personality. Most people's stomachs keep them from buying things that keep trucking higher because they look expensive and dangerous to implode any second. Things only are attractive to them once we head down 25% because then things look "cheap". No idea. I don't know much about value investing.
toma0926 Well, as you put it avg wage earner might not look at the CPI put he/she looks at prices paid. Inflation is alive and well, import prices are rising as the dollar PPP (purchasing power parity) falls. The CPI is a scum report designed to do nothing but keep the COLA figures low so wage increases will not have to be paid out from the "TRUE" inflation numbers. BYE
When I first read it I thought it said: "The matrix of stupidty created by this new era of efficient market trading is pushing stocks higher and higher." On re-reading it I have come to the conclusion that my version might be closer to the truth.
I wonder if security prices remain stable if a great earthquake moves California under the Pacific Ocean and 8 million people are suddenly homeless. <img src=http://ciai-s.net/earthquake-Turchia.jpg \img> Sometimes conditions change suddenly and without warning.
You're right. But they listen to every News Caster, Talking Head and Newspaper that regurgitates inflation numbers.
"The matrix of liquidity created by this new era of efficient market trading is pushing stocks higher and higher. The risk premium has rightfully decreased." "The matrix of ..........." I can't help but love the language. Why the "big" talk? Say what you mean. Markets are now efficient???? I must have missed the announcement. "This just in to the CNBC news desk. We have been informed that markets are now efficient." I think you need to clarify for yourself what market efficiency means. And no, markets are far from efficient.