Thursday, May 7, 2009

Is the patient out of intensive care?

Is it possible that the signs of recovery are real?

NYC - Financial District: NYSE - Christmas LightsIt could be that while we were busy squandering wealth on all sorts of luxuries we didn't need and on defense systems that we will never use and borrowing too much money, we actually unknowingly created a super strong economy with a built-in antivirus?

The last couple of weeks

Look at the stock exchange figures for the past couple of weeks – a recovery is under way. Perhaps I'm being naïve because I don't really understand what's going on but my own little portfolio is showing signs of getting out of bed.

A couple of years ago I took a Payday Loan and went on a trip to Canada. There I visited an old friend. His wife was very ill and he would not leave her side. I asked him how he passed the time stuck at home 24/7 and he said that he played the stock market. He led me into his study which consisted of a long desk and a row of computer screens all flashing with activity.

His profitable pastime

He sat in a chair with castors and zoomed up and down along the screens buying and selling shares. I asked where he got his information from and he gave me the name of one of the share advisory services. He said that they were very accurate and that he followed their advice as long as his budget permitted. I guess then that he was playing with hundreds of thousands of dollars. "I'm doing excellently, thanks. These advisors are great and the exchange keeps going up and everything's fine. Except my poor wife, who dies a little every day." ... click here to read the rest of the article titled "Is the patient out of intensive care?"

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