Ode to TMFEldrehad
I'm looking at this post and it reminded me of 2 things.
1) The half-time pep talks when my football team was losing the game.
2) Buffett saying that when stocks are down, he's like an oversexed boy in a whorehouse.
Look if your upset about losses and want to give up, go ahead. I want to make more money,and I'm starting to realize that this type of economy is giving me more opportunities than a prosperous one. If you want to make money now, buy yourself a case of #2 shapened pencils and get to work! There are now a ton of undervalued companies out there, and I don't think they'll be undervalued for long.
I understand that there is alot going on in the market that can scare people, but the fact is your buying a company and not the market. My best advice in this type of market, is buy like Buffett, but sell like Cramer.