if Chartsmaster is right.

Is the bottom in? Or is the decline still with us, pounding away at recent gains? They take so loooong to arrive but disappear like a whisper into the night.t

 

As always the market will speak and let us know.

Methinks too many people have called “the bottom’s in” so we keep slip sliding away for the time being.

Just noticed that the Dow is 1,000 points off its’ recent high of 40,000+  Is the truth finally exerting itself?

Had an interesting chat with the guy behind the counter at Costco tires yesterday. Very articulate well spoken young man. I asked him how long he’d been working at Costco. 3 year+ – I suggested he not quit. He responded that he’d be gone shortly, that this job is a stepping stone to bigger and better things. He mad a couple of comments that caused me to ask “where did you learn this finance stuff?”

“I watch a lot of youtube videos to learn about investing.”

Has several brokerage accounts set up and is working to put money to work for him instead of working for money. Smart guy generally but especially so for his generation. Another guy joined us behind that counter – so I asked which would he rather have: a fistful of dollars or a fistful of silver coins? They both said “give me the silver. It keeps its’ value.”

Hope appears from the strangest places! I advised him to buy a silver coin or two every paycheck. At the end of the year he’d have almost two rolls of silver Eagles. Slow steady way to build wealth.

Gotta plant seeds when and where you can…