now when the second quarter earnings will be out in the next two weeks. Ba<x>sed on my risk/reward ratio I don't want to be a hero.
Let's talk about serious business when the Dow drops close to or below 10,000.
Cash is the king during credit crunch; real estate (fully paid for) is the king during high inflation. When we have both credit crunch and high inflation, I need to keep two kings.
When we get hit at the gas station again and again, the only solution I have is to drive less and less and cut back my trips dramatically. The 4th of July holiday is coming. I am going to start digging in my backyard looking for oil. and I am going to drain up my swimming pool and fill it up with oil as backup.
Happy holiday! Stock market, like the Olympic Games, is only a game.