Dow up 180 points? This credit crunch is so painful. make it stop. Please make it stop. What will I do with all this money? So painful so much money and no credit and no liquidity. My sell order wont go thoruhg cause everything is so illiquid.
You're not the only one blatantly optimistic: http://news.morningstar.com/articlenet/article.aspx?id=212946 Looks like you've got Morningstar on your team...
You argument for buying could be right....BUT You should have phrased it this way: 'The imaginary crisis COULD BE the best buying opportunity of the year. The alleged credit crisis hasn't proven anything at this point.
Yes a buying opportunity at very low cost....but are they or will they be profitable? Time will tell, so have your risk management rules ready. Know when to exit.
Please for the love of god make this credit crunch stop. It's so painful having the dow up again. This upside is so painful cause there is no liquidity and no credit.