Tuesday, October 14, 2008

Roller coasters do crash.. the Dow

So, the stocks took on over 900 points recently lost. Today, as I figured, stocks rallied a bit. I predict today the dow will close about 100 points down. Tomorrow (Wed) we will lose another 200 points. Thursday, the dow might close up 100 points but Friday, look out, they should close about 400 points down.

Sell what ever stocks you have. Stop contributing to anything, 401K's etc. Wait about 5 months.

Take a breather, pay off your credit card bills, all other debts.

Start buying less of what you really need, groceries etc.

Hold on to clothing longer, go to tag sales for clothes, tools etc. Take a train, bus or taxi when you need to get somewhere.

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