I've had enough

For 6 months I fought the urge to get out of the stock market. My retirement savings were invested in good, balanced stock mutual funds, but I watched the value of them drop 40%.

I know the pundits all say now is the time to be in the market, that you should always buy something when it's on sale. In a normal world this would be true. But all the fund managers are 24 year old whiz kids who have never seen a downturn in the stock market, let alone a full blown recession, so they over react. Whenever there is bad news - ANY bad news - it seems to me that the Dow goes down 300 points.

And the next day, when it goes back up 200 points, CNBC acts like the recession is over, everybody go back to what you were doing.

Well, I am tired of it. Last week I pulled all my retirement savings out of the mutual funds and put them in money markets. I know I added to the Dow drop that day, I am sorry. But enough is enough.

A word to the whiz kids - when you straighten up and stop reacting like 9 year olds, and the stock market reacts to the truth - that the American economy is strong enough to weather this thing - then I will get back in. But for now, yall play without me.