Thursday, July 13, 2006

BAD NEWS CONTINUES- IT'S OK!!!!

Ok. Let us proceed. Middle East Conflict growing worse. Rising Oil prices. Housing getting worse. Consumer spending slowdown ? Many companies missing earnings estimates or cutting guidance. Fears about inflation still loom. What will the Fed do next ? IF YOU ARE AN INVESTOR THIS IS GREAT. LET THE MARKET GET CRUSHED - LOTS OF BARGAIN PRICES ARE STARTING TO SHOW UP. THAT'S WHAT YOU WANT. DON'T RUN TO DEFENSIVE FOOD STOCKS ETC., UNLESS THEY ARE INEXPENSIVE OR YOU ARE A VERY SHORT TERM NIMBLE TRADER. IT WOULD BE BETTER TO KEEP CASH AND FIND SOME CRUSHED STOCKS WITH GOOD BALANCE SHEETS AND INSIDER BUYING ETC. -THIS WILL BRING THE BEST PAYOFF.

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