RonBoyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This market will certainly test your confidence and nerves. If you want some comfort... look back at the great depression. Here is a thread from Rich on the recovery. http://www.early-retirement.org/forums/f28/recovery-times-after-the-great-depression-39558.html
Or to feel uncomfortable, read this article:
http://www.nytimes.com/2008/11/21/opinion/21krugman.html?_r=1&ref=opinion&oref=slogin
"How much can go wrong in the two months before Mr. Obama takes the oath of office? The answer, unfortunately, is: a lot. Consider how much darker the economic picture has grown since the failure of Lehman Brothers, which took place just over two months ago. And the pace of deterioration seems to be accelerating."
This is not a political piece. It simply points out, for instance, the parallel (1932/2008) of a discredited current administration and an incoming admin with no authority at loggerheads creating a no-action situation.