if I had cash I'd be doing some buying.
there's some pretty good deals out there now, but it's not as bad as they're making it.
some stocks are buncing down but back up a little making not such a big drop.
I think we'll see some more small drops but not too much. For me, I've got time, so even buying now and seeing a small drop, I can recover.
today's story is FEAR and PANIC.... there's just so much "concern" all coming together for the perfect fear storm.
Consumption is low (generally and oil)
Europe is said to have a 50/50 chance of going back into recession
Germany
China is said to issue more stimulus as inflation keeps dropping
Japan is another concern
Ebola is now on the lips of some
We still have some issues with Russia / Ukraine
ISIL / ISIS - whatever you want to call them
People are not spending money and businesses who are flush with cash have not invested the cash in rebuilding inventory / machines / etc.... nor have they used the cash to create jobs.
there's a realization that much of the world's economy has been on life support with Governments printing paper and creating stimulus.... while stocks have gone up since 2009 - aside from the US, much of the rest of the World hasn't really changed much and Governments want to start getting out of the printing business.
They can't.... fears they will are partly causing a panic.
It seems Gov stimulus / printing is the only thing keeping the economy a float