Comment

Pat Metheny: Garota De Ipanema

323
Gus8/04/2011 8:11:02 am PDT

re: #317 Ericus58

“The S&P 500 and the tech-heavy Nasdaq also tumbled. The S&P touched its correction territory as it dipped 10 percent from its intrady high in May. The CBOE Volatility Index, widely considered the best gauge of fear in the market, jumped above 24.”
[Link: www.cnbc.com…]

Hold Me!!

Gonna have to test out my “hobo mode” any day now. Argh. Was being naive thinking that this summer would be another “summer of recovery.” Obviously we need to forget that. I feel like I’m repeating myself from years past. Again we will have another crappy fall and holiday season sales will be close to suckage. This is year three since the Meltdown of 2008. Almost. I’m sure it started before that and perhaps in 2006 making it 5 years or more. This is The Great Recession.