Thank You And Please Keep Driving The Markets Down!

J.J. Jackson* | January 20, 2008 

I just wanted to issue a brief thank you to those of you out there that are trading and driving down the markets. Why? Doesn’t that hurt my investments? Sure – in the short term.

But in the long term it means I can buy stocks cheap because of your skittishness and the sky is falling mentality. And seeing as how the markets are extremely under valued at this point that means I will make an even bigger killing when they go up.

So keep panicking. You’re only helping me make money off your stupidity.

I’m putting my money where my mouth is and not backing off a bit on my investments.


Contributor's website: http://www.libertyreborn.com




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Comments

2 Responses to “Thank You And Please Keep Driving The Markets Down!”

  1. Stocks on Sale » Thank You And Please Keep Driving The Markets Down! on January 20th, 2008 5:55 pm

    [...] abnormalreturns wrote an interesting post today onHere’s a quick excerptBut in the long term it means I can buy stocks cheap because of your skittishness and the sky is falling mentality. And seeing as how the markets are extremely under valued at this point that means I will make an even bigger killing … [...]

  2. Lt. Krammer on January 21st, 2008 7:01 am

    I blame the markets down on daytraders who try to make a quick buck - and usually fail.

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