SteveB/Colorado

Last Thursday Was the Bottom - It's Time to Get Back in

I'm not smart enough to predict a bottom. I've made a few modest changes in the portfolio and am now in a wait & see mode. Diversification counts: some stocks, bonds, oil/gas, international. I agree with the poster that this is only a temporary downward blip in oil prices. Yet, we see gas guzzler SUV sales beginning to creep upward again--we just don't learn.

One thing for sure: this meltdown is a Bush/Cheney legacy. Regardless of those who try to blame Clinton or even Carter, B/C have had nearly 8 years in office.

(disclosure: I'm a traditional conservative Republican proud that I never voted for B/C. Sometimes you just got to sit things out)