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Lol Airelon... I know what you mean about the doom and gloomers. I actually liked Ron Paul for a little while and still do only because he wants to send us back to the beginning to try it all over. Good idea? Probably not, but it's the type of change a lot of "younger" people want. A LOT of his ideas are extremely far fetched and down right stupid with his claims of superior knowledge of Austrian Economics. Give me a break...No western/developed economy could survive without a central bank. But, his points about reducing the size of gov't are about the only things I could really like about him.
And to Fred- It might be because a lot of us are still young and I use that term loosely..hehe.., but honestly. I've lost around 3% of my portfolio in the past year. Am I sweating it? No Way, I'm 18 and have 70 more years to watch that baby grow. I think of it as sunlight in Iceland. We can only have so many hours(years) of sunlight(growth) before the sunsets(recession,retraction,bear) for the time being. But the sunlight is the majority of the time in full view and you can still live even while the sun is down. I know that was stupid, but it gets the point across that who the hell cares if the market goes down. For half the people here it's all unrealized gains and even day traders like Blaine have fluid cash to buy and sell stocks so they are about optimizing opportunities.
That is it for now. I just got settled into my dorm and classes started:-)Will follow up later.
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Brett Lucas
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