Posted on 06/05/2013 1:31:48 PM PDT by Signalman
Edited on 06/05/2013 3:23:56 PM PDT by Admin Moderator. [history]
Persistent worries about the slowing economy and when the Federal Reserve will start tapering its bond buying program had investors on edge again Wednesday.
U.S. stocks fell sharply, extending the previous day's slide, after major global markets also ended in the red.
(Excerpt) Read more at money.cnn.com ...
Proof that the only thing that’s been propping up this market is Bernanke’s funny money. Once that stops, look out below.
Thanks to the most evil regime in history, our investments are doomed. Sell off and watch this Obozo administration tank!
Well, Obama has stated that we shouldn’t worry about the daily gyrations of the stock market. Along with that, I guess we shouldn’t look to the market as any sort of leading economic indicator.
and that 15,000 won’t purchase anything near it did when it first hit 10 years ago
I'd like to see some Congressional committee subpoena Bernanke’s emails. He seems to have more power, than any other individual, to move the market. That makes him the ultimate insider and potentially worth billions to Obama’s circle of favored one-percenters.
If an economy is based primarily on its central bank printing money, axiomatically, you are just a bubble waiting to burst.
I hope not as I am into the market big time.... Do I take all the gains and sell out to pay the heavy tax of 23.5%
I probably have close to 100,000 at this point. Isn’t there some deal with a market crash insurance” that you can buy ?
When the DOW hit 15,000, there were shouts of joy - finally 0bama had turned the economy around.
So logically, then, when it goes below 15,000, there should be cries of woe.
If you’re in a position to sell call options, that’s a good alternative to just cashing out.
I’m on record here in the past week saying that I think the top is in.
Tingles just said the Market is wonderful for Bam-Bam.
Who knew?
Value is more than ‘money’. I wish you the best and I wouldn’t take market advice from strangers on the internet. I think it is overbought now. Everybody seems to be skittish about whether or not the Fed will keep pumping money into the system. You can pump gallons of adrenaline into Frankenstein’s monster. He will twitch and convulse. But he will NOT be healthy.
In fact, yes. They are called "bear" or "inverse" mutual funds, and they are designed to go up when the market goes down. Some are leveraged x2 or x3, which means they are designed to move double or triple opposite the market.
So if the market drops 5%, a x3 inverse fund would rise (roughly) 15%.
But if the market rises 5%, a x3 inverse fund would lose 15%.
I'm no expert on these inverse funds, but I think they work best for the short-term only. Like, for example, if you want to sell your stocks two years from now, but you're afraid of a market crash in the meantime.
Profunds has a wide range of inverse funds. www.profunds.com
Gas to $4.26 here in Northeast Indiana today. Over 4 didn’t do the economy any good in mid-2008.
I hope not as I am into the market big time.... Do I take all the gains and sell out to pay the heavy tax of 23.5%
NO WAY! Stay in. The stock market is the best investment you can do (besides a house). Listen, people always seem to buy high and sell low. That is the WRONG way to do it. Stay in and enjoy the ride.
I moved everything to the income fund a month ago. My company’s income fund is all insurance and such, no bonds. I may buy a little back in when it goes way down, which it most certainly will. Maybe bozos handlers will get mad at him as the market tanks and retire him.
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