Ken,
All is well here in Florida....<whew!> I think it hit Wall street!
Boggles my mind how the media, and money managers, are making things worse than they really are. Granted Russia is in rough shape, but what do they buy from us? Or better yet, what do we buy from them? Vodka? Sure the banks took their risks, and they'll take there losses,<our losses> but does that warrant the bloodbath the markets have taken? Its like everywhere you look there is another reason for the markets to have an excuse to go lower.....At a time when most americans do not save money in banks, but invest their capital in the stock market. I cant help but think that Mr. Greenspan is going to have to step in and drop that magic number for us soon. Then the rally will again begin! Sounds good doesnt it? >gg<.....
Ive never shorted a stock Ken, I dont think I know how, but I think you are doing the right thing in this market. They say the trend is your friend eh?.....Looks like you'd be in the right camp!
Im waiting until after Labor Day to start my shopping for stocks.....I like what Abbey Cohen said today, her forecast of 9000 by the end of the year, sounds great to me.
Sandra |
