What a horrible start to the stock market for 2008!. People are talking about slow downs and the dreaded “R” word……RECESSION! I don’t know that much about the markets but it’s scary to think that fear from rumours are driving the market this much. It’s really true that the rich do get richer because it’s so easier to take advantage of scared traders and volatile markets. If you are trading on the side like I am while working a full-time trade, remember to have tight sell orders or else you will lose the farm!
In the words of a famous investor: “there’s always a bull market somewhere” and hopefully you will find it. A bull will always beat a bear in the long run.