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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: prediction||Date: 9/14/2008 8:13 PM|
|Author: DoctorOptimist||Number: 251844 of 472064|
S&P mini-contract is at 1227. I am not buying intra-day but will plow some of 401k cash into a balanced fund i've had my eye on.
This is as close to a perfect financial storm as you will get.
This is the kind of stuff panic lows are made of.
Actually, I think the low may already be in. Keep in mind this LEH bankruptcy was 100% forecast by their stock price. LEH at $2 was nothing but a lottery ticket anyway.
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