It's been an amazing week and half. The financial markets have been in a meltdown, with the implosion at venerable Lehman Brothers and meltdown at AIG, Merrill Lynch and Goldman Sachs, everything has been in freefall since early last week. There was a brief rally at the end of the week with the announcement of a Government bailout plan to the tune of $700 Billion, but it's back down this week.
The freefall downward spiral wiped out small levels of gains from the past two weeks, but my strong money management philosophy helped to limit the damage to very minor levels; I got stopped out of everything with minimal losses.
Staying out of the Market for now; will get back in again when I have free time.
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