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Originally Posted by Furious_Male
I am in for 3+ Years on my longs so I am not concerned as long as the fundementals are solid for my picks.
However it is safe to say with the recent down trends there may be some bargains out there.
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There will be alot more bargains out there in a few weeks in my opinion. We have rallied for 5 months in a row, The dollar is week, interest rates are going up, there is inflation PRESENT, although no one wants to talk about it, and the economy has improved, but it is still weak.
These all point to an eventual downturn in the market, and I think it's coming. Still if you have a very long term outlook on the market, you won't be effected as much, but I would still watch the big name large caps like EBAY, AMAZON, GOOGLE, all the stocks that have been rallying the hardest will be hit the hardest in a downturn.