A Buying Opportunity?

The stock market has suffered its largest losses since 2008. There is certainly an emotional factor to the drop which far exceeds the real impact of Friday’s Tea Party Downgrade by Standard and Poor’s. Unfortunately it is hard to predict what will happen as such emotions might dominate Wall Street for some time. Still, with a drop of this size it looks like this could be a real buying opportunity on Wall Street–if we can keep the Tea Party from totally crashing the economy.

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