The bad news is that damage has been done to the economy. We have to all work twice as hard, for half the pay. Thats just the way it is. Today's an important day for me at work but I wanted to write to you just a fast note that if you want to buy in, its a long ride - you won't buy in at 2, and then suddenly see 5. But you just might see returns in six months.
I resisted the temptation to buy in yesterday. Bear in mind that in 1929 the crash preceded the actual depression event, which occurred in the years following. Obama's presidency is a shot in the arm. Historically, Markets have always rallied under Democratic administrations (look it up if you don't believe me).
So hope for the best, but plan for the worst. If you can buy in, go ahead.