LSURussian LSU Fan Baton Rouge Member since Feb 2005 79948 posts
re: By the end of March... (Posted on 2/14/09 at 12:59 pm to LSUtoOmaha)
quote: What makes you think March?
Sort of a 'darkest before the dawn' thinking. Once it sinks in that the porkulus bill is not the magic bullet so many think it will be, I think reality will set in and the market will drop like a stone for a week or two, maybe even going below 7,000 on the DJ.
genuineLSUtiger LSU Fan Asheville, NC Member since Sep 2005 34157 posts Online
re: By the end of March... (Posted on 2/14/09 at 5:07 pm to LSURussian)
If you are in for the long haul I wouldn't even pay attention to the markets. I've got 25-30 years before retirement and I am just going to keep doing what I've been doing in my 401k. I just don't follow the daily ups and downs. I will probably check it again in six months or so just out of curiosity. But I know that I am picking shares up for cheap right now and for the foreseeable future.