Up and down and down and up and up and down and down. Then more down. This volatility hasn’t been seen in some time. With the latest news today of GE coming in with 7 cents below earnings next week may very well be a rough ride. Investors beware the week to come but on the up side this may be a good opportunity to buy in for a solid price to earnings of the market. Take backward looking P/E ratios as the market (sp500) is worth anything in the low end of the 1300s or below. It looks like a buy if it goes below 1300. Large caps are relatively cheaply priced given history of the market since the crash of 1929. Who still has faith in the market? If you put the stock into stronger hands such as those who are well informed and liquidity does not effect them (hello long term investors) you will be perfectly fine. No worries have a little faith the market has cycles and this happens all the time recession or no recession. Don’t fret… buy!

This entry was posted on Friday, April 11th, 2008 at 5:50 pm and is filed under Business World. You can follow any responses to this entry through the RSS 2.0 feed.