Sunday, December 28, 2008

People still don't get it.

It is true that 90 percent of people say the economy is doing badly, so at least we finally have people coming around, but 35 percent of people think things will be better only six months from now. 45 percent think things will stay the same. That's 70 percent of people who are wrong and who have a lot of money yet to lose. The economy is going to get worse. When 90 percent of people expect the economy to stay terrible or to get worse -- that is the time to buy.

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