DODGED a BULLET?

If I have any spare cash, I am still going to wait until the first of Feb. I do not think it will really be over until then. As I said, money for your Valentine! I may be wrong I often am and I will eat crow if I am but well, I think I am right this time. Me and old Pedro there.lol Shalom~Adoniah

Morning Red, A downturn is almost always a buying opportunity. Although we'll keep our eyes & ears open, we do tend to listen to the sage advice of Bob Brinker. As subscribers to his service, we are privy to his 'buy, sell, hold' notices. Yesterday he issued a hold notice. Which indicates that he expects further drops to our indices (I agree), which will be an aid to bargain hunters. Today I expect the US nervous ninny's to sell-off 'big time'. Which puts the buy opportunity at some time tomorrow, probably after the close of the bell, or on Wednesday. Although for the sake of the dollar, just once I'd like to see patriotic traders balance the needs of the country with the needs of their own portfolio, and option the US Dollar. Hey if Soros could negatively effect the British Pound, then committed Americans could posititively affect the Dollar. 'Course, I won't hold my breath! Personally, I'm on the hunt for a fund that encompasses all things related to water, including water reclamation. Have you ever run across such a fund?

It always recovers. It went up and down last year mainly as the price of a barrel of oil kept going up and up. People don't have the money they used to have thanks to having to fill up cars. Even people like me who have sub-compact cars that get 33 miles to the gallon are feeling the crunch as gas prices keep going up and up. I'd love to take a stock that is low that has been high again and invest as it's low and then sell it as it goes high. But knowing my luck, I'd wind up losing money which is why I stay out of casinos. I play it safe with CDs and with savings accounts. I may not make a ton of money, but I do know it's not going anywhere unless the USA falls back into the Great Depression Version 2.

Boy, you're right!!! Did we dodge a bullet earlier this week. People like to attribute it to Bernanke's 3/4 rate cut, I'd like to attribute it to bargain shoppers like me. When the market drops like that, I don't run - I shop! Hey, the day after Thanksgiving and all those prices drop in the mall, that's when everyone shops, right? Well, same here. When prices drop in the stock market, I shop 'til I drop. Investing 101: buy low, sell high. I love bear markets cause I find buying opportunities and I love bull markets cause I'm making money.