The New CS Board

[ahimsak]

My uncle, economics professor emeritus, sold his mutual funds yesterday.

He bought them in march 2009, partialy on my recomendation. he had sold all of his mutual funds in Oct 2007, after buying in april 2003 (wanted to buy in March, but waited for the war to end)

he says the economy is going down the toilet in 6 months, big time.Says the fed is not going to save the day, only making the banks richer, not the economy.


I doubled up on my qid at 24.5 this morning