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DJIA in the crapper


jgb

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Got out Monday of everything except Apple. I don't have the answers, simply wasn't taking another beating. The market is back to where it was in 2000, so waiting for it to come back looks like a fools' errand.

One thing that cracks me up; all the supposed pros will tell you a down market is a "buying opportunity". But I have never heard anyone say any market is a "selling opportunity".

HAHA exactly!

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HAHA exactly!

Have a client who was an executive VP for Bear Stearns who was downsized about a year before they wen belly up. When it happened he was upset they were making him cash out his various stock options and giving him a generous severance package. In retrospect it was probably the most wonderful firing any American could possible have.

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