Posted on 05/30/2010 3:55:39 PM PDT by blam
I’ll add a hackneyed phrase to the mix. A bull’s next move is to sell. A bear’s next move is to buy.
I'm not in the stock market friend...thanks for your concern. I'm more into metals these days, heavy and precious metals. Good luck with you too.
Uncle Marx at the fiat federal reserve will print up a trillion one zillion dollar notes, Bre-X will sell for $20,000 a share, happy monkeys will fly out of obuma’s butt, covering America with endless pineapple mojito lollipops, and Mr. Magoo will drive us to paradise while we listen to one hand clapping.
Good grief!
Baron Rothschild-”Buy when blood is running in the streets”
Is it time?
I say no. They're still fighting going on in the streets and a lot more to come.
Albeit, my PhD son disagrees and has just financed two houses in Los Angeles (Sierra Madre) for $800+k.
I hope I'm wrong.
After last month we can see 20% down quickly.
You could a sentiment change in a matter of months if polls show Obummer being neutered in the mid terms. Until people focus on that however theres mostly bad news out there.
Bump for later
I think the prudent are de-leveraging. Those with extra capital and no debt are sitting in cash waiting for the Crash.
When people ask me when to buy stocks, I always tell them, “When blood is running in the streets”. Should not take more than another two years.
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