LogFAQs > #912888371

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Topic	Everyone's 401ks are down right?
Kazi1212 11/23/18 2:40:50 AM #62:	DanAnsumHandsom posted... Has the economy even approached where it was when Trump first got into office? All this panic over nothing I think the issue is more we had a double top this year in the market. Had this been the first 10%+ decline this year I think people would be more hopeful in general for a nice rebound, but the fact that we already had a major decline earlier this year from the all time highs, followed by a huge rebound back to new all time highs, and now going back to previous support levels from the decline earlier in the year, I just think many are playing it safe based on the price action. --- I don't know my gimmick "Does that sound reasonable to you?" <cite>Kazi1212 posted [p:912888371] in Everyone&#... [t:77221226]...</cite> <quote><cite>DanAnsumHandsom posted...</cite> <quote>Has the economy even approached where it was when Trump first got into office? All this panic over nothing</quote> I think the issue is more we had a double top this year in the market. Had this been the first 10%+ decline this year I think people would be more hopeful in general for a nice rebound, but the fact that we already had a major decline earlier this year from the all time highs, followed by a huge rebound back to new all time highs, and now going back to previous support levels from the decline earlier in the year, I just think many are playing it safe based on the price action. --- I don't know my gimmick "Does that sound reasonable to you?"</quote> ... Copied to Clipboard!
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