Monday, October 6, 2008

Look Out Below!

The market is falling, and I mean free-fall style. The so-called bail out package has done little more than bring the seriousness of the financial situation into greater focus. I believe we have only begun to see the true ramifications of these last few years of bad debt in the markets.

But, on a brighter note, there are always some things that prosper when things go bad: they're just harder to find. I normally would suggest standing on the sidelines until this market corrects, but if you can choose wisely, you can still find value out there. Just be extremely careful, and if you can't afford to loose it, sit it out until we see some stability and a hint of recovery.

Have a good one (if possible),

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