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To: Kaslin

Those on this forum and elsewhere that seriously believe the liberals or any other political group can control the markets are nutso. To the extent tax cuts and increases can do so they are right, but that is minimal compared to actual events occurring in the market place such as earnings, which in the end determines market movement.

Although many individuals are invested in the markets the overall impact of the individual investor who may panic in the face of bad news is dwarfed by the big boys who will see value where others see only straight down for a s long as can be imagined. It was Nathan Rothchild who said “The time to buy equities is when the blood is running in the street”

Put on the waders and jump on in, the time is right.


54 posted on 01/22/2008 5:43:22 AM PST by aroundabout
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To: aroundabout

and don’t forget momentum. With long bull trends in place a lot of people buy what’s going up, meaning its value gets even further out of kilter, which means that when it returns to fair value a lot of people get hurt.


58 posted on 01/22/2008 5:45:07 AM PST by babble-on
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