you just don't get it but I can understand the herd mentality....
The Case for Going Global Is Stronger Than Ever
In closing, I want to leave you with one more thought.
Even though we have talked extensively about why the case for emerging markets is stronger than ever, I am not a big fan of abandoning the U.S., which is what some of my colleagues advocate.
The United States is a nation filled with resilient, clever people; and despite the fact that the chips are down, I wouldn't bet against it.
We will find our way through this mess, even though the path we must take isn't clearly defined nor brightly lit ... yet. Best regards for great investing, Keith Fitz-Gerald
Mideast Markets Slump on Worries Over Debt Downgrade http://www.cnbc.com/id/44051464 interesting since most of these countries don't even like us
Saudi Arabia, which plunged 5.5 percent when it opened Saturday.
Dow 11444.61 at Friday's close.... we get lucky with just a 5.5% hit... low on Monday may be around 10815... but would not be surprised at all to see an almost 1000 pt drop to somewhere near 10500 -.....