John K. says: This is the time to buy.
John K now says: As of 1:30 PM the Dow is down 89 points. Forget that buy stuff. Time to hold. Unless you are a LMAO lefty who takes pleasure in publishing false numbers to scare people. LOL LOL
If I'm a presidential candidate from either party, I'm pissed. Forestalling a recession is bad for a future president's political fortunes. If one hit, oh, say, starting in June and lasted even an entire year, a candidate could say he/she 'inherited' this downturn from the Bush administration. The short term ire would later be replaced by a nice 'bounce' in consumer (read: voter) confidence and good will towards the president just before his/her first midterm election. Just sayin'...-Shawn
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