Stocks Took A Bad Hit On Friday: Dow Jones, S&P 500 and Nasdaq All Down Over 2%. See Why This Shouldn’t Matter To You.

I have been saying for a while that the smart money and smart investors have already sold their stock positions. The masses are still in the market however and will soon be lead to the slaughter house, just as they always are.  I can’t tell you exactly when this will happen, but it is just a matter of time now.  

Marketwatch.com reported yesterday:  “Dow Logs Nearly 400-point Drop As Rate-hike Fear Grips Wall Street” Link: http://www.marketwatch.com/story/us-stock-futures-tilt-lower-with-oil-prices-fed-speakers-in-focus-2016-09-09

This should not even matter to you.  It does not matter to me, because I don’t have a dime in the stock market.  I sold everything a while back and took some enormous profits.  Will the stock market keep going up from where I sold?  It certainly could.  But why would I risk trying to squeeze out every last drop hoping to call the exact top and hope that I sell before the crash?  Buy low, sell high.  It’s not hard.  I bought at the lows of 2008-2009 and sold for huge profits earlier this year.  I could care less if the market goes up or down at this point.  Honestly if (and when) the stock markets crash again, I will see another excellent buying opportunity.  

Do your own research and determine for yourself what you should do.   I don’t think many people these days are finding it hard to believe that it is very possible that we are going to have another crash.  

Just a thought for the weekend 😉

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