Thursday, October 12, 2006

Don't do as I do

I got out of the stock market entirely about three months ago, and since then the Dow has gone up and up, hitting new highs. I knew this would happen--always does.

And yet, just take a gander at this chart and the accompanying comment. China and Japan own us now, and all it will take is one sneeze, one burp, and the American Empire is over.

It feels good to be on the sidelines watching, rather than in the arena, fighting with lions and tigers and bears, oh my.

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