Tomcat101

Gone Nowhere in 8 Years

Stocks flucuate.

Gone Nowhere in 8 Years

I heard Larry Kudlow make the same comment last night- "Stocks have gone NOWHERE in the last 8 years".

Has everyone forgotten that stocks FLUCUATE?

They did indeed go somewhere. They went down alot from 2000-2003. Then they went up hard in 2003. Sort of flat 2004-2005 or so. Then nice long rally up to October of 2007. Then another long decline until the bottom fell out in fall 2008 and spring 2009. Then a rally of major proportions from March 2009 until now.

I'd say that is what you call "going somewhere" instead of going nowhere. You just need to know when to be in and when to take some off the table. If you have the time to visit websites like this one then you should have the time to keep an eye on your stocks and take necessary action as needed.

I'll go ahead and tell you what to do next for free. Get bearish in 2010 until Obama gets booted out of office in the next election. I can't imagine any sort of good scenario for stocks with high taxes, high inflation, and high gas prices. Maybe some gun stocks and Dollar General might be ok. Otherwise, we're screwed.