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This article certainly gives a bleak outlook. I won't put any new money in for the next month or two not only because I think the market is likely to break below the 8000 point again, but because for the short-term I have a guaranteed high-yield investment opportunity: Paying off the tuition payment that I just charged to my credit card.

This is the time when painstaking patience can pay off... the Oracle of Omaha is good at this, as shown when Berkshire Hathaway is listed as the #1 cash holder in last week's London Financial Times. Apparently Goldman-Sachs, GE and Buffet's other 2008 investments were just getting a toe in the water.

-John T
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