Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Monday, March 17, 2008

Kicked In The Teeth, Come Back Smiling

Oh, man, what a tough day. But it could be worse. I just got off the phone with a friend who trades commodity futures. There are guys in Chicago who are (metaphorically speaking) walking out of the building without their shirts.

But no matter how bad I or they feel about ourselves, at least we're not Jim Cramer. Here's Cramer telling his viewers last week NOT to sell their shares of Bear Stearns ...

I watched a guy on CNBC today who bought Bear Sterns on Friday at $32 a share. Not a happy man.

Yeah, it could be worse. And tomorrow is another day.
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