<< Read Full Article

The Guide to Surviving This Crash

Stock quotes in this article: C , WB , GOOG , SRCL , SBUX , LAMR , VMED , FWLT , QCOM  

I have 21 stocks you can buy that will snap back huge. But more important, I have some advice.

What an awful day yesterday was. Nobody was happy. The standard arguments to justify these market prices no longer apply. Throughout history, the U.S. markets always made their way back to new highs. But it's easy to say now: "This time things are different." We have a universal run on the banks that everyone thought would get stemmed by the bailout.

My bank, Wachovia(WB Quote), was taken over by Citigroup(C Quote). Who could've guessed that that would happen even two weeks ago, when Wachovia was considered so stable that it was considering taking over Morgan Stanley(MS Quote). Thank God that didn't happen, I guess.

Listen, the worst can still happen. It's possible this is a national nightmare that doesn't end. Many older people are concerned about their retirement income. Many middle-aged people are pushing back their retirements. Many younger people are now confused about what sort of economy they are going to try to build their careers in. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services