Selloff

Tuesday, September 29th, 2009

« Federal Reserve States Economy Stabilizing Commentary for October 2, 2009 »

Was that it? The long awaited and feared correction?  Three down days and 2.4% on the S&P 500. Thats the best that the bears have to offer?

Historically September and October have been the most difficult months for investors so maybe the worst is NOT over!
Investors need to spend less time worrying about a pullback and establish a course and adapt to markets and life rather than speculating on whether or when the market might move lower.

Its almost comical that advice from CNBC is viewed as gospel and so so many folks are calling for a lower market. (For the last 1000 Dow points by the way). Most advice should come with a disclaimer - professional money manager with $20 billion under management. Do not try daily market timing on your own.

« Federal Reserve States Economy Stabilizing Commentary for October 2, 2009 »

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