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Don't panic, don't sell -- save and network

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posted on Jan, 22 2008 @ 01:05 PM
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Don't panic, don't sell -- save and network


www.cnn.com

"Don't try to catch a falling knife -- look it's an old Wall Street saying," says Willis, explaining how you will get hurt. "If you try to sell into stock rout with everyone selling, you're going to get the worst price possible."

The smarter thing is to buy low and sell high... you should be putting money into the market now, taking advantage of current low stock prices. She also advises dollar-cost investing -- putting in a little money regularly into the market to average out the cost.
(visit the link for the full news article)




posted on Jan, 22 2008 @ 01:05 PM
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It sounds to me like MSM is trying to convince the general public to keep the market a float while the elite get out. Then we can fin for ourselves.

The economy is sinking and I don't think there is much anyone can do about it.

www.cnn.com
(visit the link for the full news article)



posted on Jan, 22 2008 @ 01:12 PM
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If you sell , then reinvest in Gold and silver and a couple of good guns /ammo.



posted on Jan, 22 2008 @ 01:14 PM
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Yep-the typical media propeganda spin begins...

I just saw another article on Reuters claiming "Americans unfazed by Wall street woes". LMAO

The media loves to herd its sheeples into their pen for slaughter.



posted on Jan, 22 2008 @ 01:19 PM
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I don't think it's a case of trying to convince the public to keep the markets up while the "elite"get out. Rather, they're trying to keep the public from creating panic selling. As I'm typing this, the market is down a hair under 1%. Had people freaked this morning they'd have, possibly dumped at a lower price and created more of a downward spiral.



posted on Jan, 22 2008 @ 01:22 PM
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I say let it fall. In my opinion we should break down this country and rebuild.



posted on Jan, 22 2008 @ 01:27 PM
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reply to post by DimensionalDetective
 


the market is down 0.85% at the moment. That isn't much to worry about.



posted on Jan, 22 2008 @ 01:33 PM
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My shares are down a whopping $.03 today.




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