Some good news has risen from the mess: The Ted Spread is moving in a direction we can enjoy.
Another piece of good news, the Oracle has spoken, and it said:
"...if you wait for the robins, spring will be over..."
If you get to read the article, you'll see Buffett is very optimistic about long term market returns, which should be a relief to most, since this is the guy who knows more about markets (there is no better way to say this) then anyone else ever on Earth.
As a side note, I've stopped following the day to day, moment to moment, moves of the market. This is something I would recommend to anyone with enough money in the market to make it important to them.
Friday, October 17, 2008
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