esrosedotblog

SLUMP

The markets took a dive today as a result of the downgrade of Greek and Portugese bonds.

I don't really understand the dynamics but it would seem that what happens in Greece and Portugal is right up our street and affects us.

The global economy in action? Or just a bunch of nervous nellies who jump at the sound of a shot?

Either way, I stay, as usual.

As I have said before, I am a stayer.

What goes up must go down and what goes down must go up.

The trick is to stay alive through the cycle and not spend it all at either end of the wave.

Surely there will be cycle that I will not live through and that will be that. In the meantime, I stay.

Labels: economy, market