What Next – Prepare For “Black October” : The worst may be ahead?

These are one of the difficult time in the recent memory and one must take these market fall or dead cat bounce as an opportunity. The stock market plunge we have seen so far is little more than a dress rehearsal. The main event — the Black October — has not yet begun.


With deadcat bounce this morning, the market is giving us a last chance to act. It's not too late.

Nor is it too late to convert this dramatic turn of events into an equally dramatic wealth-growing opportunity. Look for best/leader company available at throwaway price.

The crash in the Dow or other market afre not going to be just a one-day event. It's going to continue, and it's going to be ugly. Whether the Congress passes the bailout legislation or not, the outcome will be similar: The debt crisis will continue to deepen and spread. Many more banks will fail.

The economy will sink into a severe recession. And those who stubbornly hold onto vulnerable investments (read, companies with low or none earnings/ companies with high PE or still high valuations/ export oriented or any company depends on interest rate etc) will suffer some of the greatest losses in modern times.

But never forget: No matter how bad things may get, it is not the end of the world. We have been through worse before, and we survived. We will survive this one too, and we will do it together.
-HBJ Capital Team