Well, for those who are still interested, the market is recovering nicely. However, while the stocks that are most at risk from the immediate problems are going up, the stocks that are expected to suffer from a recession are continuing downward. In other words, the basic market does not think the system is actually going to crash, but the recession is going to get worse regardless of what Congress does. Gold is waiting to see how much funny money is made by the government. It appears that once again Bush et al. have panicked and exaggerated the problem, at least that is what the market seems to believe.

Ed

Reply via email to