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Posted by: canadianrancher57 1 year, 1 month ago

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canadianrancher571 year, 1 month ago

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I hear alot of analysists talking about good buying opportunities and I think that there may be a few but it seems that there are now a few peole talking about this lasting for quite awhile. I don't think that we can compare what is happening right now to anything in recent history or even back to 1929. The governments involvement in the economy is large right now and if these measures don't work I think that the fallout is going to hurt more than in 29. Wolfie mentioned a lack of confidence and I think that people are realizing that pumping more money in is not the solution since what value does this money have, to me that is where the lack of confidence is.

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  Dionys1 year, 1 month ago
  
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  Keep in mind that the percentage drop is still less than in recent bear markets. In the 70's/80's there were 50% drops. The crash of 29-32 saw a 90% drop. We're nowhere near that yet.
  
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