Note to self: Dow Jones will break 10,000+ threshold within 2-4 months

Looking at past, future, and current performance of the global stock market, I estimate the Down Jones will shoot through the 10K+ threshold within 2-4 months (probably closer to 2 then to 4).

The Dow Jones Index will continue it’s climb after that, unless some banks go and do something decidedly stupid, and stock analysts start panicking again.

September 1, 2009Permalink 3 Comments

message to stockholders and financial analysts

I would like to issue the follow message to stockholders and financial analysts:

stop messing up the economy even more!

Okay, pause, take a deep breath, go out into the woods if you have some nearby, or a walk in the park. Enjoy some clean air, the company of friends. Clear your mind of all your troubles.

Think about it, this whole financial crisis started as nothing more then a little breeze. But all that panic behavior and ‘doing what the other guy is doing’ is making that little breeze into a storm that would make an F-5 tornado cower in fear.

So, look around, take a good look at your portfolio, and think about it…. do you really wish to cause your economy more harm then it has already suffered at that hands of analysts. Look at those shares in your hand, do you want to harm the company that you hold little pieces of? I didn’t think so.

Investing and playing in the stock market isn’t a ‘get rich quick’ thing, it requires insight, it requires knowledge. But most of all: it requires long term vision.

So, buy some more shares, those companies won’t go away, they won’t dissapear. Your money won’t vaporize (unless you invest into an obscure company like SCO). Have faith in the very economy you once helped built. So, yeah, the banks messed up with stupid mortgages. Won’t happen again. They have learned, we all have. Shame for those who are loosing their home, terrible shame even. But the world will continue to turn, as it always has. Sounds cold, but it’s true. Eventually those people will be able to buy houses again too.