Domain World comes to a Screeching Halt

Morning Folks!!

Notice things are a bit slow in the domainer world this last few days? Are you surprised? You shouldn't be. It should be something you expect if you have your fingers on the pulse of things. It would be my gut instinct to say that everyone is busy with something. Now this is certainly not rocket science. But I know what many of you are doing. You are distracted. You are a bit anxious. You have probably been busy getting your papers together and most of your emails are between you and your accountant. Yes, I am talking about your taxes. That is what the vast majority of folks are doing in the next 10 days. It started big this week and will continue next week as well. Yes, some do their taxes early, but the vast majority wait until now.

So once taxes are over and your liability has been paid you can take a deep breath and re calibrate where you are and where you are going. I think most are prepared this year financially because we all saw this crash coming months ago. Unfortunately some folks will find the end of the road this year at tax time. Look for a huge amount of businesses to fold in the upcoming months. Possibly more than we have ever seen before in such a short time. I would say you will see more business closings in 2009 than in any year ever. There are still so many shoes to drop you would have to believe in the tooth fairy if you thought this meltdown was over.

So there you have it. Does not apply to everyone, (Many of the rest of you are trying to stop the bleeding) but does apply to a vast number. Noticing little meaningless things like this is how to hone the gut. You can make money when you understand movement of folks and get into their heads. When you know what they will do before they even know it. That's staying ahead of the pack. That is not chasing history and the future, that is making history and determining the future!

See you have to interpret events. If you miss this, you may react or over react to something that you should not. A permanent solution for a temporary and explainable situation could destroy a business or even a countries economy.

Have a GREAT Day!

Rick Schwartz