On Thu, Oct 9, 2008 at 10:18 PM, Gruss Gott <[EMAIL PROTECTED]> wrote:
> > If McCain is elected, this market problem is going to seem like nothin' > lol, that's a new one. A little FUD from Obama-land? I was worried, but I'm not so worried now. The Fed is pumping in liquidity, rates have been lowered in a strategic, coordinated way around the world, and as long as people don't panic, things are going to sort themselves out. It's going to be painful, but the immediate crisis has passed. CNBC talking heads are now chatting about diversification strategies, other financial analsyts are all saying don't panic, we're going to be fine. Professional traders understand fundamental value and they are going to come back into the market in a big way at some point in the next few weeks. There are simply too many good values at 40% off the premiums, likely to go to 50% off. Some good stocks are available really cheap- blue chip stocks. Warren Buffett is buying into the market in a big way.He understands fundamental value and has already jumped in. I have a little pile of cash sitting in a money market right now. I haven't decided exactly when I am going to get in, but I have also decided that I don't need to time the bottom. I'll just ride along for a few days and see what happens, then I'll move into a tech or green energy fund, or maybe a bit of both. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:273263 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
