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Random Noid Musings

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Protect yourself from the recession-hang on to your cash

I correctly predicted the recession before it was even official over a year ago.  Now that it is here, you must protect yourself.  There are things in my opinion that you should do that can help you ride out these tough times.  Some of the stuff I say will go against what “experts” say you [...]

Obama stock market day 2 positive territory

Today the market rebounded after a tough day yesterday. If this market follows history from the Great Depression and FDR, we might have a 15% rally although not in one day.  So far the closing numbers for today are:

Dow

8,228.10

+279.01

(3.51%)

S&P 500

840.24

+35.02

(4.35%)

Nasdaq

1,507.07

+66.21

(4.60%)

We are headed in the right direction for now. I am not sure how long [...]