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iksnamyzs (80.16)

March 2009

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2

Don't make this Big Mistake

March 09, 2009 – Comments (1)

 Getting scared out of the market, because of the current downturn in the stock  market will turn out to be one of the   biggest mistakes an investor can make  in investing..  Its a bigger mistake than losing all your money in an investment you place your faith in.  Why, because you'll miss out on future chances to gain you investment back.  So don't be scared out of the market.  Go back in the market and try again.  Its much better choice than crying over it and doing nothing.  Running away, will only result in you wasting your time.  I know this happen to me, so pass this advice on.  Warren Buffet made a reference to something similar today when he was interviewed on radio.  He said if you have too much fear , its very hard to over come this.  And if apply this to the stock market, by being scared out of the market,because of fear, it could be very hard to go back in.   [more]

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Idea to stimulate the economy from Russell Crowe

March 05, 2009 – Comments (2)

I happen to watch Jay Leno last night and he was interviewing Russell Crowe on his show about a new movie he just made.  But the topic of conversation change for a second to how to stimulate the econnomy.  Russell Crowe suggested that the government should just  give everyone in the US a million dollars instead of just 13.00 bucks a month  or 400.00 total.  We have 300 million people living in the US and giving everyone a million dollars would create a lot of spending. People like cars and homes and I just could see everyone buying brand new acars and homes like crazy. Now that's a stimulus, since the government  is giving out giving a trillion dollars  anyway.  We can waste it just like the banks can and really stimulate the economy. And I could just see all the coupounding that would create. That stimulated Jay Leno at least, he got a laugh out of it and so did I.   [more]

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Forecast

March 02, 2009 – Comments (2)

Bob Prechter who writes on the Elliott Wave Principle was interviewed on Bloomberg today.  He says we are in the 5th wave of the theory.  This is the last phase.  However, although there may be a bounce upward in the stock market soon  it will be awhile before the bottom is reached.  He said he is no longer shorting the market.  Now he says that the Elliott Wave Principal is not perfect, he feels its a good tool. He could be early in his forecast. .  [more]

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