Tornado Alley (PROG)

[zab]

I accepted the view of Warren Buffett about 20 years ago. America will certainly be tested in the financial market. The 2007-08 was a perfect example, those relaxed financial conditions almost buried the financial system, both here and all around the world.

Once again, the Federal Reserve came to the rescue, or as an old stalworth Paul Volker reminded me back in the 1980s, the Federal Reserve is the banker of last resort. Never bet against America, and never fight the Federal Reserve.

There are never any guarantees in the Financial Markets, but if you stay diversified, and never get greedy, you can always survive any downturn.

I read that piece you sent me, like many things I read, I exposed myself to it. You have to understand, I am just a small trader, a scalper, who is 732 years old, I doubt anything could ever bother me financially in my life.

America has many people who are quite sophisticated when it comes to financial markets. I am sure there will be enough of them to figure out any future financial mess.

Once again, never bet against America.