[jimjamuser]

Originally Posted by Boomer

Sooooo, I was just perusing this thread to see what you all had to say today.

There sure were a lot of chickens being counted this morning.

When I began buying stocks online and would have a terrible, horrible, no good, very bad day, I would print the front page of my account, put it in my desk drawer, and wait. Doing that worked like a vaccination against market volatility. I do not panic. Most longtime dividend players do not panic because they feel like if they have made solid choices of stocks, they will get paid to wait. But I don't kid myself. A lot of investors remember GE and what happened under the wrong CEO.

All that being said, I do not think this will be a quick turnaround. I think a lot of wait-and-see time will be going by because every day brings a fresh hell of antics. It's the unpredictability of those antics that could/should cause business leaders and big investors to just bide their time and not make any sudden moves.

Looks like the Regurgitation Nation is being fed some line about how we have to go through hard times and suffer for the cause -- and they are lapping that line right up. Gimme a break. This is not WWII when the Homefront had to do its part. This is a self-inflicted wound. Will it heal? Who knows.

Boomer

PS: Speaking of dividends, a few hours ago, boring old PG increased its dividend. That makes 69 consecutive years of dividend increases -- every early April, like clockwork. The company has paid a dividend for 135 years. Procter and Gamble, one a candle-maker and one a soap-maker, decided to go into business together in 1890, in Cincinnati. They were married to sisters.

Excellent post, spot on. And I agree about the GE CEO (that wrote a book) and the stock price did NOT increase for about 10 years (while his kingdom increased by purchasing companies horizontally).