I have been advising my eight readers to buy stocks - 100,000 shares to start - as long as they are safe, conservative companies they're buying into. I also said the market has gone as low as it's going to go - 8500 - give or take. Today, the market went up by almost 900 points - 10%. Now, we continue to hear dire predictions about the housing sector. The housing sector will hit bottom in about three months. Some say it won't hit bottom for another year or more. I say no, no, no - three months max. Why does the media enjoy scaring people? Because FEAR sells. The lady at left proves the economy is about to right itself. Hemlines are a better indicator of the state of the economy than any ECONOMIST. Remember that.
Tuesday, October 28, 2008
Listen up
Labels:
AIG,
bailout,
currency,
Economy,
Federal Reserve,
finance,
Wall Street,
World Trade Center