Monday, October 6, 2008

Do I hear 9000?????

Amazing how many times I told friends & family we were going to 9000 DOW in the past year from last August's wreckage until the "bailout" plan was passed on Friday. Every rally we would get I would hear them saying that was it and they were putting everything back in. Only one friend of mine pulled his entire 401K to cash around 13,500 and hasn't gotten back in (and his is over 150,000 so imagine the haircut he avoided).

POG snapped back very nicely overnight and should be the asset of choice while this worldwide slowdown gets ugly.

HUGE week ahead boyz!!

Joe

No comments: