Skip to comments.Forget the rally - stocks pummeled
Posted on 03/05/2009 9:40:35 AM PST by pissant
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Ditto to that.
**However...if were in Great Depression v. 2.0, will it matter?**
My advice to my friends is start buying two of basic essentials. Stock up. You’re going to need it.
That’s one approach. Another is that when your opponent is at the edge of a cliff, give him a shove to ensure the outcome. :-)
Right now it would have the opposite effect.
Actually I don’t but I know a little about it.
Maybe I should...
I really feel that the market today is reacting to the nationalized health care statement.
I mean, I can see reluctance on the part of many normal, patriotic Americans to get involved behind some of the people that we have in control right now, especially when a lot of Americans are immersed in a financial calamity of their own.
Obama and the likes of Pelosi, Reid, Holder, Roper, Geitner, etc. are viewed by a significant portion of the Country as part of the problem and downright un-American despite the Election that the Reps handed to them or that they attained by outright fraud.
Pro-shares ETF DDM (goes long the Dow 30) is cheap and pays a steady dividend each quarter while you’re waiting. However, all of the ETFs may fall apart. Who knows? This market is rough.
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