RE:you guys are too funnyGibbons never worries about the S/P since he first started buying the old PHM stock at $30.00 (after splits price) per share approx 6-7 years ago.(see posting history) He is so up to his eyeballs in losses and he has nothing left to lose. Lately every time he said to buy the dip, the stock continued to plunge.
I am sorry, but he is not the brightest guy in the world.
To investors, the S/P and what effects it should be their main concern period. don't ignore it, as Gibbon's preaches.
GLTA