Negative news stories on the rise

[rktect1]

I've been watching the stories on the financial news sites. Seems like there are more and more negative stories coming out everyday now.

This last one says the end is near and could be worse than 1987.

Stocks Are Set for a Possible Repeat of 1987! Says Marc Faber | Breakout - Yahoo! Finance

Sorry for the long link.

But to me, and this is not a statistical thing, the more negative stories like this tells me to run away for a bit.

Anyone else have thoughts.

 

[JTH]

I've been watching the stories on the financial news sites. Seems like there are more and more negative stories coming out everyday now.

This last one says the end is near and could be worse than 1987.

Stocks Are Set for a Possible Repeat of 1987! Says Marc Faber | Breakout - Yahoo! Finance

Sorry for the long link.

But to me, and this is not a statistical thing, the more negative stories like this tells me to run away for a bit.

Anyone else have thoughts.

Marc's opinion don't count, he's always negative, he's a doomer

 

[wavecoder]

it's usually a cycle, the market goes through phases over overwhelming positive stories, followed by a hint of negative, then more negative. as markets tank the news gets increasingly negative, to nothing-but-bad-news. then you start to hear not good news, but no news, that's when markets climb back up.

some other member posted a correlation with news stories and it was a very accurate indicator of the way the markets are going soon, but i forgot where it was, it was a good read

 

[rktect1]

The only thing keeping me in is the wild card being played tonight. State of the onion address. One big stinky onion and we pullback or he sells it and we jump through resistance.

Im really on the fence today. I want out pretty badly.

 

[BearTrap]

SOTU speech will be boring and everyone knows what is coming. Just hope he doesn't talk of another round of stimulus. More importantly, retail sales numbers are coming out tomorrow. Strong numbers will see a push to new highs. I'm betting on S&P getting close to 1600 before the pullback.

 

[rktect1]

I have one itchy finger on the trigger right now. 12 minutes left before I jerk it or slowly ease off.

 

[wavecoder]

The only thing keeping me in is the wild card being played tonight. State of the onion address. One big stinky onion and we pullback or he sells it and we jump through resistance.

Im really on the fence today. I want out pretty badly.

good luck, though i try not to pay attention to the news to make my decisions in the market, it might drive you mad

 

[Birchtree]

I'm not even going to grace the SOTU speech - I'd prefer to watch "Justified".

 

[James48843]

When the news is full of doom and gloom, it actually makes me think about jumping back in.

If everything in the news was peaches and cream, talking about how the market is going up, up, up foreever- THAT is when you want to get the heck out.


Right now I jumped out almost two weeks ago- and it's been almost sideways since then. Can it dive? You bet. But articles saying this is looking like 1987 make me laugh- having lived through 1987, I can tell you this aint' it.

Instead I'll take Birch's perpetual optimism and tell you that it can go up, it can go down, and it will probably do both before too much longer.

But overall, the economy isn't in all that bad a shape- and while we may get some hiccups while we work through the next month or two and the dreaded furloghs and sequestration, we're bound to do better in the long run. Birch is right- we've got higher days ahead eventually .

 

[nnuut]

Uh Huh..... (You've Been Warned)
The Market Ticker ® - Commentary on The Capital Markets
Uh Huh..... (You've Been Warned) in [Market-Ticker]

 

[rktect1]

Oh man!

 

[nasa1974]

We've been warned? Most of us here in TSP land already have this in the back of our head. We know it will happen it is a matter of when and can we get into "G" before it is too late.