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TheGarcipian (33.80)

December 2008



Ding! Dong! The Market Bell Tolls For Thee

December 29, 2008 – Comments (5) | RELATED TICKERS: CHE , E , RS

Much like Dickens’ Ghosts of Christmas, thoughts of our Past, Present and Future Economic Woes seem to descend upon us at the end of a calendar year. How you respond to these “ghosts” will tell you a great deal about yourself. Are you a “Scrooge” or a spendthrift? Are you worried about the future, completely cavalier about it, or just plain numb? It’s hard to imagine that the Ghost of Markets Past could conspire so dreadfully with the Ghost of Markets Present to drop the DJIA by 36% from the year’s start, but the warning signs were there to read, as several bloggers & pitch writers on CAPS have shown. While I acted somewhat prudently and protected most of my 401k, I wish I’d acted more prudently and with more confidence in protecting my taxable accounts better. Oh well, it gives me something to aspire to in 2009.   [more]

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