a correction is overdue and this is it. About time. Been expecting it so it is no suprise. Been talked about here lots of times.
I am not so sure that the corina virus has anything to do with the correction to the DOW. The markets were over priced for quite some time and the price to earnings ratios were beyond the pale of most stocks.
SO, its time for another correction.. Gold would be one among several places to re-invest. I already have substantial gold holdings so I Am not putting any more there. Likely look at Bond marketsstrongly although my managed accounts already do that automatically.
Hope everyone (investors) just remain calm and don't panic and create a worse scenario. Most knew this correction was overdue and using this virus as a trigger to me is shameless. Just blame it on anoverbought, artificially propped up market like it was and be done with it...
Of course, I am not a financial advisor who gets paid lots of money for spewing verbal refuse while taking your money, but some things are obviousl and should be looked at like that...
I think I will go take a nap while this little fit throwing tantrum in the marketplace is going on.
Ho-hum........
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