[PLUG-TALK] The Sky is Falling! (not)

[John Jason Jordan]

On Fri, 5 Aug 2011 13:49:09 -0700
Keith Lofstrom <keithl at kl-ic.com> dijo:

>The news is full of the "crashing" stock market.
>
>Yes, stocks dropped this week from record highs a month ago.
>
>Over 12 months, the Dow is still up 7.2%, NASDAQ is up 8.53%,
>and the SP500 is up 10.43%.  The Hang Seng is down 0.4%,
>though, TIME TO PANIC!!!

After getting home from last night's meeting I logged into my Schwab
account and placed six limit orders for the next day, each up to a
buck below Thursday's closing prices. All were filled within the first
hour as the markets continued to slide. By the end of the day the Dow
was up $60 and I made several thousand dollars today.

Don't sell in a panic and don't buy in a boom. Be a contrarian to the
market: Buy in a panic and sell in a boom.