Ok time to load up across the board, imo, on any market weakness that appears during this earnings season. The numbers reported are being compared to June, July and Aug of 2008? The economy was not totally in the crapper then.
Numbers this weak will still show declines from last year. It's the next reporting period that should show marked improvement year over year. Those companies that have so far beat low estimates through cost containment should really blow things away.
The double dip guys will be out in force this month trying to spread fear along with the correction hounds. Let it settle in and then Buy it, I say. Buy it.
We are sitting here with 5000 shares and waiting for the share price to go past the 3$ mark. Came within 2 cents on 22 Sept. Any bets when the fund will hit the 3 or 4$ range? Bought 2500 shares at 1.50 when the bottom fell out. Am determined to ride out this recession.