Posted by: latoboy January 25, 2008
Making Money with Eminitrader
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right now im hoping the us economy goes into recession. not that im a pesimmistic person.. but when the economy goes go into recesseion it will create a bunch of buying opportunities.. bernanke did a big problem by cutting such drasticly interest rates... long term i think he is creating a bigger problem. pretty much i think we will see a repeat of the 2001 years when greenspan had the super low interest rates and it fueled the housing and subprime mess.

for the next month i will guess the stock indexes will go up and down by 200 or 300 points.. it will remain very volatile.

right now like many others im waiting for the market to bottom out. cash is king... once i see a real upward trend i will start buying but for now i will stay quiet.. im not a big risk taker and i invest long term.
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