People don't like business cycles.

We don't like weather cycles either, so I guess we need to work on climate change, lol.

That first article you posted didn't seem to believe in business cycles? The second article was well worth the read.

Bill ackmen’s take,,,,

How now down Dow ?

White 17))))))))!!!! !!!!

I see at around 3:55 it was down 305.

40 a barrel ? My goodness, coon prices will skyrocket!,.at least that was the consensus not to many years ago, or maybe it has been a while.

Anyway, just having a bit of fun with oil!

DJIA starting out pretty good with less than an hour into it, up 480 this morning. A short week of trading this week.

Chip stocks not looking great this morning though....

Historical there is a nice long run up before a crash. I'm no economist but the numbers don't match the performance. I'm sure there will be something to kick the can down the road just a little farther.

In December I'm moving another 8 % over to cash and or defense stocks, utilities, and other more stable dividend paying stocks or etfs.

^ I been playing the game since late 70's and never have sold one share of anything. I'm a buyer and hold player. Nothing new to me just go with the flow ride out the storms and enjoyed the gains through the years.

What goes up must come down. I'm not a market timer like what you are doing.

I'm a dollar cost average guy mostly index etf guy on 90%. But I hold cash some cash to buy more on the dips and have no problem re balancing some when conditions dictate. sure in a18 months to a few years all losses during the dips the last few decades have been recovered and blown past and I average good returns. But I'm willing to forgo some short term gains on small % and move it to not take such large losses then buy more when the majority are jumping off a bridge. Typically buying good stable companies and hold will out preform the get rich quick guys. And is why I only play with 10 % or so. Well that and a lot of mine is stuck in a limited option 401 and I can't move it into much. Basically s& p index fund 4 larg caps one mid cap and 3 small cap funds along with several target date funds and 3 bond funds. are my options there.

But the extra 10% I put in there after tax I roll into my Roth once every 6 months and in my Roth I have lots of options and it let's me get a large increase in my Roth each year over the 7 k contribution limit. so the Roth I play with and 401 gets dollar cost average. I want to roll an old 401 into my Roth as well but am waiting to do that in a low income year to avoid paying more on taxes in the higher tax bracket I'm in now and that would add to it.

Moving it to an IRA would give me more options until I decide to start chunking it into my roth and I have been thinking about that as well.