I don't know when the next one will be, but it will come, then what? Are you still going to be uber-bullish? It was you that said ignore your feelings about the market and follow the flow of money. What if the flow is out and lower?
I hate saying this, but that whole election comparison to stocks is pathetic. I know its usually up, but what if this time around its different.
"UBS, the largest Swiss bank, rose $1.70, or 3.2 percent, to $54.95 after warning it would take a pretax loss of up to $690 million in the quarter and cut 1,500 jobs." LOL! I love this shit. Maybe this is the Bizzaro world?
This warning is old news. UBS aready fell 20% before it. Market now looks forward for recovery in Q4.