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Unfortunately, the market has theree major problems to deal with, and they are only coming to attention sequentially:
Oct 27 00:26 am
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All Comments by bbowen7 »Dealing With the Crazy Swings [View article]
1. the mortgage/ credit meltdown.
2. the coming long and deep recession
3. huge Amereican government policy shifts - taxation (higher for wealth producers); energy (carbon taxes); and spending (national healthcare, etc.) We already had huge increases in spending under Bush, and now the nationalization of banks, insurance companies, etc. America's preeminent financial position in the world is over.