Didn't ya just love the "little crash" the world experience this
week.I've never seen so many stock analysts about to wet their
pants(notice the first part of analyst is anal).It was heartwarming to
say the least to have so many fine, highly educated people calming us
mere mortals.Never fear they said,this is just a minor setback ,we are
not going into a great depression.They reassured us even more by
saying,sure look the dow just gained back 100 or some odd points
today(never once did they mention the 600 or so lost the days before).I
guess they do math a little differently than most people.
Never before was the word economic expert used so much and with such
authority.Every second economist was an expert,or a leading expert.Grim
faced announcers introduced them as john blow top level economic advisor
and leading expert in market analysis.Personally i think they are expert
bs artists.
I ask you, where were these experts two days prior calling out the
alarm that a minor crash was about to happen?Don't know eh? Thats
because these "experts" were just a suprised as everybody else.They
never saw it coming.
I guess from now on it will be better to close your eyes and throw
darts in order to pick the stocks you should buy.Or even better get that
chimp who bet them out in a stock market test to pick them for
you.Either way it will probably be a lot safer than trusting the so
called experts.
my two cents worth
(mmm how much is that worth now?)
Jim S.