Mickey and Goofy Say Hi

Hello from Orlando folks. Yep, I'm with the real Goofy, not all the ones that we elect. Disney lets you in free on your birthday this year if you sign up in advance, so yes, I've spent a grand to come to Orlando in order to save $75. :-) That's ok, February is mine and Debra's AnniValenBirth day/month.

Feb 1- Wedding Anniversary
Feb 14 - Valentines
Feb 16 - Debra's birthday
Feb 20 - My birthday

So we wrap it all up for one small trip or a big gift. This year we wanted to go somewhere warm and there's a Cuban restaurant down here that we just love.

Anyway... the Dow has broken below it's previous low from November. The S&P and NASDAQ are holding above. For now. Won't last much longer. We could see the swift down move today, Monday and Tuesday.

So far the throwing of trillions of dollars at this problem has been akin to peeing on a forest fire. It just doesn't do any good. Granted, it takes time for the money and fixes to flow through the system. But the problem is, even with time it would have fixed itself. Now we're saddled with trillions of debt that our children and grandchildren will be paying back throughout their lives.

I still have a target of around 650 on the S&P, around 15% from here. I want to see what happens today (the futures say we're opening down pretty big this morning) and I may go ahead and start scaling my retirement money back in. On the flip side it would be wiser and safer to wait for the real bottom to hit and get in when the move up starts rather than trying to guess on the way down (known as trying to catch a falling knife). But who said I was wise or safe??

Well it's almost time to head to Animal Kingdom. Have a good weekend everyone.