Steve Mullin (9 Aug 2011)
"The Dow and Investing"


The closing bell is just about to sound and the Dow should end up losing around 600 points. What's fascinating to me is how all of those interviewed today say something to the effect of, "Don't panic" or "Stay in for the long term" or "It will surely rebound". Hardly anyone thinks that long-term devastation could take place, or that the United States could be in real trouble. Reminds me of the brazen Romans thinking their domination of the world could never end. Love the quote, "The only thing men have learned from history is that we don't learn from history". And "There is nothing new under the sun. All that has been will be". Thank God we have security with Him and that we don't rely on ourselves.
 
Wilt thou set thine eyes upon that which is not? for riches certainly make themselves wings; they fly away as an eagle toward heaven. Proverbs: 23:5
 
Steve Mullin