So, what happens now??? This is turning out to be a bigger financial mess than anyone ever anticipated. The bailout bill has been approved, the Federal Reserve is stepping in with huge amounts of money to help bolster the credit markets (the banks), President Bush is making speeches to reassure the public and still the market tumbles. Am I the only one who has not panicked??? Fear is gripping the populace - big investors are playing it safe. Huge sums are going abroad. I have said it before - there is absolutely no reason to panic. What everyone of you should be doing is buying huge amounts of stock - now that they are so cheap. They can only go up. In the meantime, since the economy is drifting downward, so will hemlines. I don't know if I like that.
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