Perfect Storm ( reposted from Oct)

Sep 18, 2008 by Sam

 

Perfect Storm

See  this article in  WSJ re decline in business lending. True it is not definitive but it gives you an idea of what we could be dealing with.  http://online.wsj.com/article/SB119301007770066437.html?mod=hpp_us_whats_news

We are heading towards a scenerio where we may just have the rug pulled out from under this market. That being said I it is hard to time the market rather, the idea is to limit risk to acceptable levels. For me we are way beyond acceptable levels when it comes to risk. ( mind you I would not have brought Google at $400 either or Apple at $100 ) So people may make gazzilions and the market could keep on going up but, that wont make me wrong. Risk is Risk. Risk does not mean automatic loss -it means possibility  of loss. And the risk is very high. As the public mkts go so follow the privates all the way down to seed.  It has happened before and it will likely happen again.

This entry was posted on October 21, 2007 at 11:40 pm and is filed under Web 2.0 Early Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.