5 Reasons to Be Hopeful During This Recession

The sky is falling the sky is falling! What did our poor grand parents do in the depression It sure wasn't self pity. When everyone was making money and housing prices were going thru the roof and when young punk CEO's on skate boards in their office told us this was they way of the future no one cried a tear. How about those 50 year mortages! If you didn't see the crash coming you couldn't see your hand in front of you face. The DOW will stay within 8000 plus or minus 200-3000 points for 2 years at least until our exacerbation has finally cleared. If you losted money you better have a 5-8 time horizon to get back to were you where before the crash. For you younger folks buy and buy good quality stock. Not penny stock or companies with a skate boarding CEO who says this is the way of the future because I'm creating nothing except a name. Anyone who says I didn't have apart of this is a liar. Everyone who flipped a house, bought into the dot.com, got a ARM mortage based on a foreign country and yes Britain is foregin, caused this mess! So get a grip and deal with it. The Depression, Black Tuesday and the Dot.com boom all came and went and we'er still stand as Sir Elton John would say.

Joker 4:31AM February 03, 2009