Well, Uncle Sam is having my lunch today. I liquidated every stock I own, most having been held over 7 years. I have ridden many a bull and bear over the yeras, picking and sticking to a small handful of companies and have done really well. I hope what I've done today, with the horrific tax consequences turns out to be the stupidest move I'll ever make, but I'm scared, really scared. I hope our children do not have to live through a world depression. Us oldtimers get to thinking we've seen it all, but I have never seen anything like this market. We're killing the golden goose- cut out them eggs, I want them NOW, I want my money NOW.
Something wicked this way comes, and we have the Evil Incarnate Hillbilly at the helm while the crew is distracted watching him fornicate.
But hey, perhaps i worry too mucj, the Nikkei was only down 3.3% and the CEO of Sony was probably misquoted when he said Japan could collapse. Hell, that just means I won't get slowed down anymore golfing on Maui. |
