Friday, August 20, 2010

Great Times Ahead

The past couple of years bordered on hard times for many as the economy in the United States tinkers on the edge of a great recession. Actually, quite close to a depression similar to the 1920's and nobody including me wants to even think it let alone write about it. No one wants the responsibility of sending a firestorm of speculation. But as summer ends and the markets are down, I think our economy is correcting itself from the years of artificial growth and expanse to the point the DJ will rest around 9000 by the end of October and slowly maintain a healthy growth for the next two decades due to caution in the "over" extending in every area of our economy.

But this is only my observation as a very green amateur stock market analysis. And yes, lots of money will be lost to those who spent the past decade artificially inflating the market for the wrong reasons. The market at freewill conducts itself. When the forces strain, coerce or even inflate it purposely it will adjust appropriately. Don't get me wrong, as a student of business and free market, I am a leaner towards the stalwart investing of Mr. Buffet and will continue to be, it's the way to make money even in rough times.

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