Stewart Vs Cramer on Daily Show, march 12.

[--Pete]

Hi,

That is what I think the smart people are doing now.

It looks like people are doing all sorts of things. Buying cheap houses and renting them out at cost (or even a slight loss) with the intention of flipping them for a profit later. Looking for bargain stocks that are solid companies or have good products but are grossly undervalued because of the market. The key parameter is time. As Ashock pointed out, anyone trying to make a living on the market right now is probably screwed. But, for people that have money to invest, time for those investments to grow (and the economy to recover), a willingness to diversify, and the ability to do research, now is a bargain shopper's paradise.

As for 'smart people', we can see what they are doing now, but we'll have to wait till later to see if they are truly smart.;)

--Pete