Last night, I predicted that people will try to bring pressure back to the bottom of Friday. I believe that's what's happening right now. I just bought General Electric (GE) at 19.50. It's slightly pricey by today's standards, but hey, I'm in this market for the long run. When the economy turns sweet again, good stocks with good management bounce back. I'm sure the stock prices will fall even more, but it's all about dollar-cost-averaging baby. No one can time the markets that precisely.
Later tonight, some thoughts on the importance of consumer sentiment on the markets. Stay tuned...
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