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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (81838)10/12/2008 8:03:17 AM
From: stockycd1 Recommendation  Read Replies (2) of 94695
 
The way I look at it, we got limited downside. If we keep losing 500 pts per day on the DOW, we get to zero and all this will be over in a couple weeks and we can go do something else.....Seriously. One would be a fool to not be buying good companies with strong balance sheets and strong cash positions here. If this keeps going, I could have a reportable position in MSFT.

The world is not scheduled to be coming to an end until 2021 so we still have a few years to not be concerned.

cd
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