toomuchgas

Boone Pickens' BP Capital Funds Down Significantly

The gloom and doom we are hearing is the worst I've heard for decades. Looking at my stocks, none have cut their dividends, several have raised them. Market gurus including Cramer are saying sell. People are taking their money out of money market funds and putting it under the mattress. It feels like a major technical bottom so I'll hold and put new money into stocks, especially beaten up REITs.