Holy thunder lizards! The DOW just hit 8,789! I think Bill Bonner is right, we’re headed to 5,000 and fast!
Rumour has it that a lot of people are just now opening their quarterly 401(k) statements and dropping in their chairs out of shock. They are then getting on the phone and getting out of their mutual funds in droves.
Is this catipulation? If this isn’t it, we’re very very close. And that means, if your’e on the sidelines, it is about time to hit that big trade button and jump back in with both feet.
I’ve saved over $15,000 over the past couple of weeks by sitting out of the stocks since the DOW was at 11,000. I’m just itching to get back in and ride the wave back up.
