Archive for September 3rd, 2008

Wall Street Down!

Across the board today on Wall Street is down. Most investors including myself are still really worried about the economy. It does seem that things are starting to look a little better, but no where’s near what it once was. Now I know looking back isn’t always a good idea, but in this economy I feel like I need to. Looking back can make things hard for moving forward. And holding on to stock hoping it will go back to where it once was is not always good idea. But the only real reason why your stock may be down is because of fear. Fear has driven down the market, it really has. We once thought it was the rising cost of commodities, but as you can see there coming down. And the stock market is following, that makes no real since. Or does it, could it be fear still holding the markets down, I think so. The only way out of this is for investors to start buying again. We need to buy as much as we can to pull through this. And why not buy, everything is just about at it 52 week low. There are so many deals out there, but again, fear. Until we over come our fear nothing will change.

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