(09-20-2021, 05:36 PM)The Real Marty Wrote: Is it a dip or is it a the beginning of correction or is it even that rare event, a crash?  That's the question. 

When asset values are like a house of cards, an earthquake will knock the whole thing down.  So all it takes is an earthquake.  Like, for example, a Chinese real estate developer with $300 billion of loans goes belly up, and the Chinese don't react fast enough.

Exactly.  I am holding what I have right now with an eye on what the market does next.  If it heads south again tomorrow I may take some profits and wait it out.  I would by no means "sell out" at this point.  After all, the markets took roughly a 2% dip today.  With that being said the DOW is roughly about 5% down from the high.  If it gets to 10% (very possible) it's officially a bear market.

For younger investors or those with a 401k, I would continue to contribute/buy right now.  Regarding the market, what goes down will come back up.  Buying shares at a "discount" right now is probably not a bad thing.  Over time those shares will rack up some good money.

With that being said, many people don't understand what the failure of Evergrande (Chinese real estate developer) will do to the markets worldwide.  In addition to that, we are staring 1970's style inflation/stagnation in the face due to the current regime.

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