Wednesday, October 3, 2007

The Dow's Bounce : Back Above 14,000

One look at this chart and I wonder: Long-term investing is a viable investment strategy You can't time the market Those that forget the past are condemned to repeat it So much for the "Economy Is Going Sour" theory This could be the hugest dead-cat bounce ever Or, maybe markets are just like life: a series of events that appear to have meaning at the time, but are irrelevant over the course of 90 years. It's only when life ends...



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[Source: The Mortgage Reports Blog]

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