Posted on 03/14/2020 5:01:00 PM PDT by Monrose72
Legendary actor James Woods has revealed that he is "buying more stock" during the current market downturn as America will "roar back" under President Donald Trump's leadership.Woods, one of the few conservative voices in Hollywood, revealed he "bought stock heavily this week," describing his move as a "win-win."The pro-Trump actor warns that Democrats and CNN will continue to exploit the coronavirus pandemic to their own ends.
(Excerpt) Read more at nnettle.com ...
Bought Exxon at $35. I’m very happy about that:)
I have spoken to three sets of Liberal couples I know, and they also either bought more stocks this past week, or instructed their investment account guys to do so.
100% Agree! Research the big dippers and buy, buy, buy! I made $100k in ten years doing that.
Jimmy Woods is a rarity among Hollywood actors... a really smart guy. He’s a former M.I.T. student and a great poker player. He’s right. Over the long term, you can miss betting on the U.S. economy and the way you do that is with high-quality U.S. equities.
In 1929 the market went from 300 to 41 in three years.It did not get back to 300 until 1957. I suspect our market was an exuberant bubble and was going to pop anyway, the RATs used their media organs to pop it a little early with this virus scare. Without a hard core RAT scumbag like FDR screwing up the nation the recovery will be much quicker.
>I would look for a peaking of the number of deaths, which I think will occur in early April.
It definitely could take that long, especially in places like Washington state and San Fran where it’s getting traded in droves by intravenous drugs and sex. I’d say so much of the red states are already avoiding going out and have had their schools cancelled we might get an early downtick.
Those bastards at that Wuhan lab, on the other hand, need to have their lab torn apart and burned to the ground. It’s pretty obvious that this was to be used against foreign populations or armies.
True!
If I had extra money I would start buying some now and increase if we dropped below 20k dow. We dropped 40% from highs in 2007-2008 so that extreme would put us around 17k dow. But yeah economy will roar back bc Trump is protecting banks and credit line, unlike what Bush did. Of course this isn’t a man made greed crisis either so Trump does have lots of leeway to help Too Big To Fail companies stay viable and thus keep economy ready to fire back up. Anyway I trust Trump.
He’s literally one if the most intelligent actors in hollywood as a Mensa member . I met him years ago when his production on Shark was beside ours. He’s very very quick witted.
Buy the dips
Bought XOM when it dropped below $60. Thought it could not go lower. Caught the falling knife.
Preach the economic word James!
Agreed
smart move tho i bet there’s more to go before it recovers
I’d buy all I could if I had any uninvested money that amounted to anything.
This contrivance is a no brainer for investing.
We currently are in a very unusual situation. Normally in a downturn “retail” investors (the little guys) sell low, then “institutional” investors (the big guys) buy.
Right now the reverse is happening. And don’t try to sell me the bubble or bull trap arguments, because that implies our most recent record highs were based on speculation. They weren’t.
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