View Single Post
Old 07-10-2008, 10:22 PM   #4
stovt001


 
stovt001's Avatar
 
Drives: 2006 Cobalt, 2004 Taurus wagon
Join Date: Oct 2007
Location: California
Posts: 3,810
The panic in the market and spread by the attention starved yellow journalists is just getting out of hand. If people thought rationally about the state of the market and economy stocks wouldn't be nearly as low as they are now (yes the economy is in bad shape, but not as bad as the breathless media is making it out to be). If you can keep your head, there are tons of oversold stocks that are actually pretty healthy out there. This just makes GM stock a great value now, though I do feel bad for anyone who owned shares before the panic set in. I'm a proud American, but it embarrasses me how excitable we can be sometimes.
__________________
"It's kind of fun to do the impossible" - Walt Disney

There's a great big beautiful tomorrow
shining at the end of every day
There's a great big beautiful tomorrow
Just a dream away
stovt001 is offline   Reply With Quote