Wednesday, November 26, 2008

Thankful


In a time when the economy is at a low point, what some call the bottom.  Some call a false bottom and some say is part of a cup and handle.  You can use this time to buy more stocks and average down and create a base for your profits to soar.  We are at a place in the economy that America has not seen economic hardship of this magnitude since the Great Depression of 1929. The Dow Jones, NASDAQ and S & P 500 are at all time lows. Is there a silver lining in this grey dark cloud?  If you look at the glass as half full, you believe we can turn this around.  A pity party won't help us get through these hard times.  Hard work perseverance and fresh ideas about innovation will steer us in calm waters.  

Some Analysts call this time a recession, other say we are in a market correction. In 2008 the unemployment rate has risen at a staggering pace.  According to the Bureau of Labor and Statistics,  there are 10.1 million Americans currently out of work.  No matter what you believe or which theory you subscribe to, America has seen times similar to these and with that we can take solace in the fact that we as a country have the ability to bounce back. You may be reading this article and saying why is the title, "Thankful"?  We may have lost a lot, but we have so much as a country and will bounce back.  Challenge yourself to be better, do more with less, be and more efficient.  As you sit around and eat turkey and watch football and bring about Holiday Cheer, be thankful for what you do have.

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