If you suffer from depression in anyway my advice to you is to not read the latest news unless it’s from the Good News Network or some other site like that. It won’t help your outlook that’s for sure. Even I’m starting to feel down in the dumps.
China is being it’s usual communist “squash the ugly head of freedom” idiotic twisted self and beating on and/or killing/will be killing a rather large amount of peaceful, unarmed Tibetan monks (unless you want to count the firecrackers they’ve been throwing at Chinese troops as being “armed”) and now threatening to take off the “kid gloves” they’ve been using so far to beat on them with and really get nasty. Never knew that marching peacefully towards a destination was akin to “rioting”.
I noticed that the Dow just fell below 12,000 within the last few minutes or so along with significant drops for Nasdaq and S&P 500 as well. Makes me so happy I could just throw up. The saving grace is I’m not one of those who made lots of investments back in the late 90’s in all the heavy hitters that are now traveling down some Wall Street sewer line right about now. Hell, I remember when the “Dow” closed down the day above 10,000 for the very first time back in the late 90’s and now I wouldn’t be surprised if it falls straight through 10,000 and keeps right on going. Just lovely.
The dollar ain’t worth a shovel of dry manure while oil hits the roof and smashes right through it (read all about it).
Okay, I can’t take anymore.
In the meantime, It’s a beautiful day out in the Northeast Kingdom, Spring looks like she’s well on her way (meaning I can actually see large areas of driveway) and except for the high prices at the pump, life is pretty much the same as it always has been (Vermont is always about 10 years behind the times anyway). So my advice to you is have yourself another cup of coffee or whatever you prefer, relax and just let things fall apart everywhere else if it wants to. As long as it doesn’t include your dooryard, house, family and fairly immediate surroundings the simple fact is it will fall apart whether you worry about it or not.
Why worry?
PS: I added all those “Google News” links in hopes that this post, sometime in the future, will contradict the hell out of itself.
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March 17th, 2008 at 1:46 pm
Depressed?? I barely can get dressed in the morning. The good news is I purchased a small amount of GLD over a year ago to diversify, it’s keeping my 401k from sinking in to the quagmire the Bush administration has created.
March 17th, 2008 at 5:46 pm
Well, that’s good news indeed! And don’t worry, Spring’s on it’s way! At least we can look forward to that.