To: manc
I’m convinced the market is rigged, not sure if I will ever get back in. I think it was rigged when all heck broke loose last fall as the market dived just at the most opportune time for BHO, and I think it is now rigged to go back up now that once again it benefits BHO. Who’s doing it and where is the money coming from? Don’t have a clue. But with all the fundamentals in disarray like you listed above, there is no reason for the market to go up right now. I’m staying out.
6 posted on
04/03/2009 2:30:07 PM PDT by
Free America52
(I just want it to be the way it always has been.)
To: Free America52
It's a suckers rally, and the suckers are buying. It is creating another good place from which to short for the next leg down, which will happen when it becomes apparent that there is no recovery in sight. There can be no recovery as long as deficits are going up by the trillions, taxes are about to be significantly increased and key businesses are being taken over by the government. Not to mention the foreign policy problems created by American weakness, which reduce stability and thus the value of American companies.
Until there is a stable system in which to invest, the market is uninvestible.
10 posted on
04/03/2009 2:38:31 PM PDT by
Defiant
(One Big-Ass Mistake, America!!)
To: Free America52
I took mine out as someone or a group of people are playing it.
Mine is a money market making a great interest rate and I can sleep at night knowing I will not lose over night.
good luck with your money too
21 posted on
04/03/2009 3:18:58 PM PDT by
manc
(Marriage is between a man and a woman no sick queer sham--- end racism end affirmative action)
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