True. Greed got in the way and as in the markets on a daily basis, it's the manipulator of destruction. It's usually the "greed karma" that has long since taught me it's better to sell too soon than to hold too long.
However, I see a whole lot of finger pointing at the person who'd stepped up to the plate when he's only been there a few weeks.
It's fair to say the past administration also inherited a ticking housing bomb. I get that and can agree with the lay of the poor foundation- but is it not completely irresponsible to assume this was born on January 20th? In my opinion, if there was a better person to have handled the situation out of the pool of hundreds it began with 2 years ago applying for the job- then they'd be in the oval office.
In 2003, when we began in Iraq- although there was some dismay- there was overwhelming support. At least most of America gave it a couple years before we developed the hindsight to say "bad move."
My point is that foresight should be based on the standing principal that what we've done so far is not working- so let's try something new.
PS- Threw in some charts if you wanted to route this more of a stock discussion (which i'd be happy to chat about too). Their under my sidebar below. :))))
Sidebar: You know me very well and I'm very comfortable expressing my opinion without personal feelings in the mix. Thankfully, you and i respect each others differences, although we may disagree, lol. I'll talk to you on the other side, Badknees....and I'm apologizing to the board for honing in on the political discussions of a stock board....sigh....slow day here. hahaa
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