Originally posted on 03/23/2018:

Quote Originally Posted by homie1975 View Post
roy
most of us want to believe you. tell us why. we know you're a big time bull but please give us the reasoning. make us believe. this choppiness due to the rates, the tariffs, facebook, analyst warnings about a market overvalued and inflation on the way.

make us believe, roy
This sell off is nothing to worry about. I mentioned Monday this was an end of the quarter week and the mrkt would be down. And up next week. Funds want to show some cash.

The play here is if you believe the quarter was strong you need to get long. The 1st earnings reports will be out in the 2nd week of April. I think they will be stunning. 4th qtr was good even with hurricane related interference. These 1st qtr reports will be the first we see with the 21% tax rate so costs are going to fall, margins widen.

Of course my scenario could be overrun by world events, inflation fears and others. But if we stay on script we are going to see a great 1st qtr, one of the best in decades. 2nd qtr too. Prices going higher.