southbeach

A Trading Plan for Today's Crisis

wise words. cash and patience is the recipe for most retail investors right now. i'm with Roubini, the market has significant potential for further significant drops. give it another 6-9 months, and then there should be some bargains to be had among the survivors. its easy to vent anger on the irresponsible bankers who fueled this crisis, but save your energy for hoping the real economy is not damaged too much, or for too long.