nycDem

The Bubble of Uncertainty Is About to Burst

The author called 35$/barrel oil when it was at $150/barrel. Everyone laughed and called him names.

If I had only listened to him I would've been rich.

The most dangerous phrase in investing: "This time it's different."

We are in a recession. We will emerge from it. If you buy over-sold equities now in strong companies you will emerge a much wealthier individual.

Sadly, I bet most of the people posting negative comments here were convinced we were going to Dow 20,000 (or $400 oil). And now they're equally convinced we're going to Dow 2,000. The yappings of an hysterical crowd amped up on doomsday propaganda.

No, this time it's NOT different. It's just an economic cycle...and the smart money is positioning itself accordingly.

Cheers.