Posted on 09/29/2008 12:54:02 PM PDT by fight_truth_decay
http://www2.barchart.com/whotupd.asp?sort=7
"ETFs are making a huge killing today. "
http://calculatedrisk.blogspot.com/
Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves." -Andrew Jackson, 7th US President
(A Reminder "Hat Tip" Quote from Haloscan Poster, Anonymous
Preparation H and K-Y Jelly stocks are down by 80%......
At which time I am going to invest in some tech stocks. Right now quite a few of them are dirt cheap. Nothing like reaping a windfall on the backs of greedy "You must pass this bill or the world will fall apart", clowns.
Where is the good common sense of Andrew Jackson's day today? “...a den of vipers and thieves.” Very applicable to today's Democrats.
Jackson was probably the last good Democrat.
If one had a crystal ball about a year ago, they’ve made a killing in bear market funds. One example is Rydex Inverse Dow 2x Strategy A (RYIDX), 1 year return 38%.
Believe it or not, I’m gonna do the same thing - except for I’m gonna be looking for some deals in bank stocks.
I have several smaller banks in mind. They’re in either California, North Carolina or Florida. They didn’t overdo it with risky mortgages. Several pay a dividend too.
Under notrmal circumstances, they’d be slow movers - which is OK with me. But as I see it, there’s gonna continue to be a lot of mergers in the banking industry and several of these banks have the potential to be prey or predator. Either way, I stand a reasonable chance of making at least a little money.
My big problem is knowing when to pull the trigger. I could place several BUY orders right away tomorrow morning or wait and see if the market continues to take a dump.
Got an LIB University expert talking on Maine TV 13 News saying there Could be Bread Lines! (probably working for Tom Allen -financed by Moveon.org running against Susan Collins)
TAKE THIS POLL QUESTION FROM MAINE 13
don’t need to put in all the personal info...
Is your family feeling the effects of the credit crunch?
http://www.wgme.com/index.shtml
(LOCATED ABOVE THE 1/2 OFF DINING SIGN);)
Har.... the lines in this depression will be handing out tortillas
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