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Old 01-01-2009, 02:28 PM
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Default Hobby Panic in 2009

Posted By: joe brennan

Jim, Here is my prediction from an earlier post:

I will say that times will continue to be tough, but we are not heading for a depression. We will see a turn around by the 3rd quarter of 2009 and if everyone keeps their heads we shall pull out of it just fine. The panic is caused by emotion and emotion has no place in business or the market. The key is to buy low and sell high and emotion takes over and people panic and dump their assets at very low prices. We intent to look for the best stocks at this time and buy, buy, buy.


In Rememberance of James W. Brennan Sr. 1924-1982. Dad, thanks for everything you did for me.

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