Tuesday, February 17, 2009

Heading Dow-n

Dow Industrials down to around 7500 this morning, and we're almost at the buy point for you who can buy and hold.  BobOnARoll, though no investment specialist, Lord knows, predicted in a late October post a 6-7000 DJIA level before this phase was over.  Looks almost spot-on, in hindsight.  Such dumb luck !

OK, no more crystal ball gazing for now.  I won $50 in the Florida lottery the first and only time I played.  So, I won't press my luck by stepping up for another market projection.  I do think, though, that this is an unparalleled buying opportunity for undervalued marquee consumer brands.

No comments:

Post a Comment