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  • From an Age of Exuberance to an Age of Despondency [View article]
    If you are really confident in the health of the markets why not simply buy stocks now and hold?

    Hasn't it been proved, over and over again, that it's impossible to time tops and bottoms?

    Your talk of despondency sounds pretty hollow: Find some companies you really love, buy their stocks and then go out and find a day job, preferably in one of the companies you love.

    Instead of the age of despondency, this period might more aptly be called the age of comedy:

    Huge sell off announces the death of capitalism. Capitalism lies in state for three months.

    Huge two week buying panic sends the DOW back above 15,000 and everyone is back to normal.

    Henry Paulsen is elevated to Secretary of the Treasury.

    Leibowitz should be watching the Jim Cramer show for new material instead of kvetching on the Jon Stewart show.

    Oy vey.
    Oct 10 21:11 pm |Rating: 0 0 |Link to Comment
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