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|Subject: Re: Doh! Is it time to take the loss?||Date: 6/2/2012 2:18 AM|
|Author: intercst||Number: 70737 of 77085|
I don't sell into a down market. It's the best way to lose a lot of money many times during your life. When things settle down, you might want to reconsider your stock/bond allocation, though. Obama is going to do whatever it takes to get re-elected, and he doesn't stand a chance if the market is down and unemployment is up, so just wait for him to start another orgy of spending to shore things up...for at least a few months.
Good Lord. I hope so. I just got back from a European cruise. Austerity isn't working over there any better than it is here.
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