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Friday, October 24, 2008 7:04:01 AM
IN 30 years of investing, I have not seen futures this low.
Stocks like BNPD can be semi immune to the. I say semi, because some may have margin calls that dictate selling everyhting. So BNPD might get hit by that.
My prediction of a low of 7000 in 2010 may be off. We may see 7000 today and 5000 in 2010.
Good luck to all.
Dont panic. I wish I had cash in my accounts, there will be stocks with no debit selling for 70% of their cash in the bank value today. Once again, I knew it was coming, but have not properly prepared to take advantage of it.
Good luck, appreciate those you love, dont do anything rash today................
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