Mark McHugh

Don’t Get Sucked In!!! (It’s only a movie)

In Open Thread on Friday, July 29, 2011 at 8:33 am

Now is not the time to panic.

Sure there’s a “The sky is falling!” sentiment in the air, but I’m telling you, like most of the things your TV tells you to worry about, it’s simply not real.

Over the last five years, I’ve learned where to look to find panic and uncertainty and I’m telling you, it’s just NOT there.  This is pure theatre.

Stocks are more than 25% above their 52-weeks lows, so sure, they can afford to show some big red days to scare you.  So what?

THIS IS NOT THE MARKET CRASH YOU ARE LOOKING FOR!!!!!!

If you short anything, you’re most likely gonna get your face ripped off very shortly.

Just be warned.

(Sorry I don’t have time to explain this better right now)

 

  1. No, you explained it just fine. Face ripped off. Got it. Good visual.

  2. Wow Mark, you been getting busy again. You are right, this is not the time to panic, this is just another charade in the cave wall show.

    But it is coming…

  3. Yep. It’s not a question of if, only when.

  4. I hate these boring anticlimactic flicks…

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