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Message: Re: Inflated Market
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Nov 28, 2014 01:28PM
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Nov 28, 2014 01:36PM

Johnyreg, I see the markets in the opposite light you do. I deal in mostly mid-to-large cap stocks with good dividend paying histories and strong fundamentals. I believe (as do others) the markets will continue to trek to higher highs with minor corrections along the way. We will most likely see some pull backs that look like they will be a major correction but nothing like we saw 2008-09 or in 1982. Those were devastating for some people.

I always look at these times to pick away at some of the more attractive dividend stocks to add to my portfolio.

We will see certain sectors pull the markets down at times like we're seeing with the resource sector now...mainly with oil/Ngas stocks but as always they will pull through.

There's always a brighter way to look at the stock market when you’re dealing with these types of stocks. When the resource sector is like it is now, naturally we get lower gas at the pumps which in turn, puts more money back into the pockets of consumers. That then helps to push the consumer staples higher as people feel better about spending.

So all-in-all, I feel good about the markets going forward...for now!!

OH, I do agree with you that no matter what happens with the markets in general, PTK will be able to weather the storm.

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Nov 28, 2014 02:08PM
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Nov 28, 2014 07:17PM
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Nov 30, 2014 03:25PM
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Nov 30, 2014 04:33PM
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Dec 01, 2014 06:27AM

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