Take a look at a 10 year NASDAQ chart. We are still coming down from the false economic boom of the Clinton years. Take a look at the charts during the 1991 Gulf War and see what happened as we are headed for another confrontation with Iraq and our economy could suffer even more as it did from the 9/11/01 attacks.
You can still make money on the market if you stick to the basics, buy low, sell high on companies who have a proven record of making a profit before any kind of tax credit or write off. The key is to not be greedy and sell.
I think we will be OK, we are damn strong. The financial executives will squirm a little and prices will drop (get ready to buy) but there confidence will return.
IMO,
SteveS
Current Events » in reply to The market is still down
Re: OK, I'll bite
