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To: RC one
Personally, I went to 90% cash today. Stocks have run up a ton. When the housing credit is withdrawn in Dec and business inventories realign, the economy will sputter again and the Fed will be helpless to cut the rates more.

Get out of stocks now!
2 posted on 09/15/2009 11:56:57 AM PDT by joinedafterattack
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To: joinedafterattack

I think things are getting worse. I know people in my neighborhood who have been riding it out. Some are really getting stressed now. I am think the middle of next year or sooner - a lot of the middle class that has been hanging on may start going under.

The markets are overvalued and this Fall (soon) is not going to be good.


3 posted on 09/15/2009 11:59:42 AM PDT by Frantzie (Lou Dobbs & Glenn Beck- American Heroes! Bill O'Reilly = Liar)
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To: joinedafterattack

I got out a year ago and didn’t bother jumping back in. Perhaps I should have but the few thousand dollars I might have made would probably not even have covered the cost of the ulcer I would have developed earning it. LOL I did by gold and silver though so I’m not completely out.


4 posted on 09/15/2009 12:03:30 PM PDT by RC one
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