Friday stock market thoughts….

December 5, 2008 – 3:15 pm

The stock market took some extremely bad news in stride today.

It’s possible that armageddon is already priced in.

GOOD news could put 10-20% on this market in a matter of weeks.

I like buying stocks here and selling call options against the position to generate income, precisely because stocks are low and options are expensive right now.

The economy needs a lot of work and help.  FAILURE of defunct organizations will speed this process up and provide for a more efficient and sustainable future.

Let’s stop propping up bad ideas, structures, management and employees.

Let’s focus on building new ideas, sound structures, lean management and effective, efficient employees who are passionate about what they are producing.

We’ve done ALL of this before.  We’ll do it again, as long as failure is a realistic option and motivator.

What are you thinking?

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