Wednesday, October 1, 2008

State of the Market - 10/1/08

No commentary tonight because there is nothing worth commentating about. Let's wait until this mess in Washington gets figured out once and for all, and maybe then things will be worth talking about. Stay in cash and remember, it's not the news that matters but the reaction to the news that really matters. We don't know what the news is, let alone the market's reaction to it, so sit on your hands and wait. Good luck.

2 comments:

Anonymous said...

Play safe, follow Buffet and buy GE

Mac said...

I am playing safe - that's what cash is. Buffett can afford to lose a few billion - I can't.