Plunging Markets: 3 Reasons to Stay off the Ledge

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So where are you investing? Mars? You're logic is fine, but you'll be trampled by the herd all the same.

Lance Pickens of CA 9:02PM January 22, 2008

hey James guess you didnt hear mortgage job losses in California alone are over 100,000 and their ue rate is 6.1%...much higher than the national rate..i guess you didnt hear that Countrywide, Citibank, and WAMU are poised to or already have laid off thousands...BofA's takeover of Countrywide will most assuredly result in more layoffs....a 10% drop in home values has not occurred since the Depression...so i would say your predictions are more than rosy!!!

Andy Castellanos of AZ 4:08PM January 22, 2008