If your like me and you are a buy and hold investor you checked out early last night and figure it is what it is. Waking up this morning I never would have thought we would see the market this low again.
Yes, I said again, this has happen before and it was just as bad if not worse. Everyone screaming "
the sky is falling" and "
I'm selling everything" it's not the first time some of us have heard it. Guess What? We're still here, and I'm still saying it's a good deal. Here's my recommendation: If you haven't maxed out your 2500 limit, nows the time to do it. There are some great buy IMO,
LTEE @ 5.78,
FAVR @ 4.47 and
BRDY @ 4.65 ARE YOU KIDDING ME! These guys have been the work horse in my portfolio and will continue to produce.
I will say it again, if you are spending tomorrows lunch money on the next IPO, if
you have to ask mom & dad for a little extra in your allowance and if you live in a van down by the rive you should not be trading Jock Stocks!!! You guys are the ones helping the sell off.
So take a deep breath and get ready for a wild ride.
See you at the top.....
PowerBroker
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