Tuesday, June 14, 2011
Stocks Are Going Up, No They Are Going Down
Just reading my daily email from InvestmentNews, the first article is about Nouriel Roubini talking about we have a 33% chance of hitting the skids (not sure where he comes up with 33%, why not 40%?). Below that is an article about Bob Doll's prediction that this correction was a buying opportunity. Who's right? Who knows and who cares, they each have a 50/50 chance so somebody will come out of this looking good and someone will look bad (of course everybody will forget the bad call they made, they just remember the times when the coin flip came up in their favor). This is no way to invest your money.