Thursday, May 27, 2010

3%

Having urged you to get out of the market this morning, part of me feels like a complete fool after the stock market rose about 3% today.  But the other part of me says that the underlying fundamentals continue to point to drastic problems in the economy and the financial sector of the US and much of the developed world.  In fact, such market volatility as we're seeing these days is a symptom of a serious problem.

I'm not getting back in the market.

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