Saturday, October 5, 2013

They Did Not Panic

Investors did not panic! The usual panic that depresses stock prices when things like the Government Shutdown occur, did not happen. I was poised to buy cheap and then sell high. Maybe common sense is returning to investors. Maybe.

Most people realized that the shutdown is a joke. It is only a partial shutdown. Workers that were told to stay home will probably receive their pay - even though they did not work. (When will we ever tire of paying people that do not work?)