Lucky 777 is the market now one big gamble?

Fed bail out to solve nothing at the street level
Does Logic above look nervous? Hell no and you might ask why not Logic? You are not rich, you do not own the goose laying the golden eggs Logic, so tell us why you are as calm as your avatar appears in this article.

How to understand a swinging market
It is simple and besides we do not have a mortgage either so when the market closed yesterday down nearly 800 points only to return to mind you, with no news to be reported until Thursday regaining nearly 600 point on that very no news shows Logic, and should show us all.

Meet the 5 year old child and his mom
That the market is the equivalent of a 5 year old child over dramatizing a small event like when the child reports home to his awaiting mother what he saw walking home from school but for the mother later that same day or the next day figures out through here knowledge of her child’s imagination that the child reported what turned out to be a minor dint one car left in another car while parking as opposed to the firry crash involving people being killed he came home jumping up and down about.

Meet the modern day hype for ratings media reporters
Remember that reporters in the news are paid to not only report the news of the day but to report with great excitement and emotions just like the 5 year old child and look at your own world the one around you does the Dow going to 8000 make any difference to you? not really actually your retirement fund could get through a few thousand more points and be just fine looking out to when you might be retiring because like in life markets and economies correct and as a note, more money is generally made in a down market then in an up market.

How Logic plays media hype right into my blue pants pocket
If you are reading this you can do what Logic has done a few times over the year’s, make money, actually since 1983 and here is one great example of playing media hype and gaining great sums of money from it.

Playing into bad market news
The story goes back to 1993 the year we started Viper Logic and the Jack In the Box beef under cooking E. Coli poisoning that killed 4 children and injured 100’s occured when they ate at Jack In The Box restaurants. Like Logic you could have bought the stock in the following days for a few dollars and rode the stock to an unbelievable gain of well over 35.00 dollar then a decline then a split just in 2007 all well be fore my retirement which is still today over 30 years from now. See the media was hot on this then they faded leaving the stock battered and awaiting the return to a realistic gain in actual value, though over a little time.

We sold it and did this again and again with other companies and so can you if you can get an understanding that real investors buy and hold through some of these times. True and fortunately we did not own any investment firms or banks during these times.

What American’s should be not only worried about but petrified over
Unemployment at the following types of levels and instead of rewriting this US Unemployment Prediction for 2010 please just read it dates July 25, 2008.

This will only grow and we can now include a whole lot of banking industry persons from entry level to the very top and this will happen through consolidation and the consumer credit (borrowing Power) drying up. For more on the consumer please read my “Is Your Wallet Running On Empty”.

We also would like to add the technology field layoffs and this pains me as an Advanced Technology Engineering company to think yet alone say but mostly in the advertising placement business and consumer electronic side of the business more then likely not effecting the software development and engineering side of the business thank god.

In Closing
We American’s and Logic is no economist, need to rethink our current employment and the government should open vocational schools to retrain the sellers of homes and cars, retailers and food service industry workers into careers like welding, infrastructure, wiring and other needed labor skilled jobs.

This should be in work now as the unemployment wave rises and before it is beyond at bailout level, instead of waiting for the inevitable rise in unemployment because what I am saying, it is easier to fix the coming mass layoff scenario then to try to fix it after it is already to late. Like with the banking non regulation or oversight that has been going on until the last few months as it began to peel back showing what easy credit did.