What are you doing now, besides being scared out of your wits?

Had a really good comment today, and i replied. I want to put this into a post so i can put it as link on the left sidebar, just so the new members can understand why i do what i do.

My 13 year old son is an inquisitive sort. He was asking me what a ‘recession’ is. Of course the ‘PlayStation Generation’ have an attention span of a few seconds at most, so describing it as ‘two quarters of negative growth’ would have seen him glaze over and move on to the virtues of the new ‘Halo’ game.

With the amazing price action in the markets today you might just be suffering from motion sickness. The Dow traded today in a 600 point range... that's right it was down over 300 points at one time during the day, but came back and closed up 298 points in a flurry of short covering and long term bulls.

Sunnyvale based Yahoo!

Tomorrow looks like it is going to be a blood bath for the bulls... The Dow futures are down as much as 520 points as global markets around the world are being hammered. If you are a long-term investors these are the hardest times to take. It is tough to see your hard fought gains go down the drain as the bears take over and short everything in site.