NeilEzell

Another Bloodbath?

What amazes me is "even" I was able to see all this coming. Refer to a comment I posted long ago. I went to total cash June 7 2007. Yes I missed the top and many in-out oportunities since I went cash, but I sure as heck missed the bottom as a buy and hold invester. My point is I'm not an economic or investing wizzard. Why didn't the Wall Street "brains" see this coming?

Things Aren't as Bad as They Seem - Barron's

One thing is certain. There is no shortage of totally opposite opinions. After reading all the current articles available to me I've came to two conclusions. The economy isn't so bad, it's time to buy equities at very low prices. Or, we're in for the worst times ever. Sell anything and everything held. Where are valid opinions that concur? Who is recomemding trully safe places to park our savings. Gold maybe? Look at the situation of the early 80's and see the dramatic rise and fall of gold and silver. We appear to be in similar times now.