tag:blogger.com,1999:blog-8967180796412435901.post5784777198262311831..comments2023-08-16T06:10:35.967-05:00Comments on The Financial Engineer: Thank MLK, the markets are closed today!Kristinhttp://www.blogger.com/profile/03051956393849535207noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8967180796412435901.post-60478301359428919582008-01-22T20:03:00.000-06:002008-01-22T20:03:00.000-06:00You may be right - a long slow drag would be the b...You may be right - a long slow drag would be the best medicine for the market. It would probably demoralize a lot of investors and weed out speculators. As it is, we basically hop from one bubble to the next. New money is always chasing the next thingKristinhttps://www.blogger.com/profile/03051956393849535207noreply@blogger.comtag:blogger.com,1999:blog-8967180796412435901.post-85304319437051468612008-01-21T18:11:00.000-06:002008-01-21T18:11:00.000-06:00"The market has got to shake out and I would rathe..."<I>The market has got to shake out and I would rather see it wrung out quickly and sharply than to drag on for the whole year.</I>"<BR/><BR/>I actually prefer a slow drag. No more quick dip and happily ever after, please. Going down and staying down for an extended period will re-introduce the risk into the market. Disciplined long-term investors will benefit. Otherwise people won't take market risk seriously.Tomhttps://www.blogger.com/profile/09592533267930141428noreply@blogger.com