Posted on 03/05/2009 8:20:10 AM PST by Dallas59
But like Dear Leader says...We shouldn't worry about the daily "gyrations" of the Stock Market.
(Excerpt) Read more at finance.yahoo.com ...
Reps are the People's rep to Congress, so it remains a federal matter, thus the term limits amendment.
Index investing isn't "sexy" enough for some people. But, it just works.
The amount of money made was a staggering figure.
*Then* the article analyzed what would happen if you had just missed the 10 best days, over the course of that 80 or so years. You'd still be way ahead, but would be on a beer budget, not on lobster and caviar.
Moral to the story? Unless you need the money, stay in the market.
6631.64 -244.20 (-3.55%) Mar 5 1:46pm ET
The smart money guy I am referring to took his money out of the stock market when 0bama sealed the nomination and put his money into money market funds.
He has gained 3% since then.
When I asked him the "jump back in target" he said the 600 point S&P.
6623
As bad as this looks, and even if it’s as bad as Denninger says...
when I was a little girl, my parents told me “Reality is your friend.” I try to remember that when reality gets ugly.
The numbers are telling us truth.
Unless 0bama is insane, he will have to back down here. His stimulus bill, his bailouts...they’re unrealistic. They will bring disaster more quickly than his communist fellow travelers ever anticipated. The most drunken, deranged, drooling rabid ideologue would have to think twice at this point.
I didn't get all the way out, just loaded up on defensive stocks, and such. I took one good (lucky?) flyer on a tech stock that stayed even over the course of the downturn. That helped some. I've moved my portfolio back to a more aggressive stance since roughly the 1st of the year.
I'm not smart enough to time the market. With my luck, the turnaround would be at S&P=614.25 instead of 600, and I'd miss the initial bounce.
There's a lot of money (like your friend's) sitting on the sidelines. I think that when this turns around (no idea when, may be tomorrow, may be 2011) the initial runup will be very, very big. And, since I've got a 20 or 30 year horizon, I've got the luxury of buying all the way down, then waiting.
As long as they are in safe bond markets ( such as municipal bonds) it should be safe. Only thing is they are paying very low interest now.
When the markets straighten out, then I’d take them out and put them all in stocks. The market will come back some day, and when it does, there will be a lot of money to be made.
It just might take a few years before that happens. Most likely when Obama and the rest of those RATS are run out on a rail.
Obama: This time healthcare reform will be different
6621.44 -254.40 (-3.70%) Mar 5 2:07pm ET
6620.73 -255.11 (-3.71%) Mar 5 2:09pm ET
I would jump out a window, but I’m on the ground floor. :-(
I agree about the hyperbole, and also that he is worth reading -- to find out what scenario is 10X worse than what will actually happen. He makes grand inferences from the specific to the general...i.e. a particular bank's shares lose 90% therefore the entire economy and the currency will lose 90%. On hardcore trader's boards -- both bull and bear -- he is in the entertainment category, not the oracle category.
The AA sentiment survey today hit a record high for bearishness -- this is a very bullish factor for the market. Too many people on one side of the boat, the other side of the boat compared to the last 5 years. Many people who have been bulls all their life suddenly now are grapes of wrath bears. OTOH, the P/C ratio is far too low for a real rally right here.
The chartists I most respect are now expecting a capitulation washout -- hundreds or thousands of downside points in the imminent future. To be followed by a V-bottom and significant bullish run.
I don't wait to "hear" anything. I just watch what stocks are doing overall. Just like you saw virtually every stock in the western world tank last fall, So to will you see every stock in the western world (that that are still in business that is) begin to improve.
Of course you will "hear" other good indicators, like Obama is no longer president...
Until that happens, it's a safe bet nothing is going to get better.
No, you don’t!
You aren’t leaving the rest of us to deal with this mess!!!
I think that's a pretty good leading indicator. LOL!
I don't pay any attention to the Cramers and Cavutos of the world. They get paid to entertain. I *do* "listen" to the words coming out of their mouths occasionally....like I said, the phrase "this time it's different" is an contra-indicator in my book.
Post #169 (I think) has Obama saying "This time it's different". I'd put him in the "chattering class" catagory. I might tune into Fox over the weekend, pickup a USA today, and see what the talking heads are saying.
6615.15 -260.69 (-3.79%) Mar 5 2:21pm ET
6606.31 -269.53 (-3.92%) Mar 5 2:22pm ET
6602.96 -272.88 (-3.97%) Mar 5 2:25pm ET
"Profits and earning ratios are starting to get to the point where buying stocks is a potentially good idea," Obama said, adding "if you've got a long-term perspective on it."
Potentially? Sure 0be, what you say!
That’s the image of the decade.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.