Friday, July 11, 2008

The market

Wow. It really hurts when bills become overdue. The interest and penalty can be painful. This is where we are now. As I mentioned last summer, the down move was overdue. Well, here we are.

Ouch.

And I do not think that the down is over. Unless there is some intervention, the down will continue a bit longer. It may get a LOT worse, but I'm hoping not.

Given all the tensions (geopolitical and other) in the world, and the pending election here - there are a lot of variables in play. I hope you know how to insure your investments against loss. (It can be done.)

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