Tomorrow Happened

Yesterday was a bad day and the news was bad. My advice was to breathe, do not panic, turn off the TV, go for a walk, and get a good night sleep.

Today, March 11, 2008, we had the best day in 5 years in the equity markets. My advice:

1. Relax
2. Be Happy that something good happened
3. Relax again
4. Be true to your long term plan

Lessons learned from today:

• You can not predict tomorrow by what happened today
• As the markets are going down, when people are concerned about buying equities, the professionals are buying equities
• Do not time the market, keep to your plan