the dive will result in such a panic, obama will step in.
watch.
the libs thrive on chaos.
I certainly do. By following conventional wisdom and a stroke of luck, I avoided big losses in my retirement funds.
I retired in Dec. '99 and promptly moved my retirement from highly speculative "tech" stocks into a few blue chips and other safer venues because of the standard of , the older and nearer retirement you are, the safer you need to be.
I don't remember exactly when "techs" crashed but it wasn't very long after I retired, my former co workers thought I was nuts for not continuing to ride the boom and I was beginning to think they might be right because the market continued its climb for some months after I retired.
I invested to the max in the late 80s and the 90s decade and those years enabled me to retire at age 54. I didn't get any joy out of it but I watched a few friends get financially destroyed, staying "pat" even as techs began to crash. I suppose they had watched those double digit returns for too many years to believe they would ever end. A couple of those fine folks are still working as they approach their 70s. That's fine, for someone who wants to continue working but I know for a fact that those two did not want to.
Like I said, part of my getting out in time was blind luck, not shrewd planning on my part, except for the common sense part. Booms don't last forever neither do even slightly bullish markets. If time is on your side you can gamble a bit but we have a market destroyer in the white house and it doesn't take a market genius to see that.