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To: Pining_4_TX

“Should folks take retirement money out of investments and stuff the mattress with it or what?”

This guy thinks we’ll see Dow 8,000 by December:
http://www.triwealth.com/investor-radio.php

I believe him. I’m perfectly willing to stay out of the stock market until things settle down. Bonds or money market fund seem like a reasonable alternative to me (although I also recently put some IRA funds into gold index funds (unfortunately, this option is not available for my 401(k)).


117 posted on 08/10/2010 5:32:16 PM PDT by DrC
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To: DrC
No way ordinary people should be in the market any time soon at all. Our entire system at present is being governed by manipulation rather than causality and the manner in which the manipulation works is usually counterintuitive by design.

Aside from everything else, there's no way to figure any publicly traded company has a future due to some brighter idea when looking like a bright prospect automatically makes a company a target for bear raids and short selling by the Warren Buffets and George Soroses of the world.

121 posted on 08/10/2010 6:09:14 PM PDT by wendy1946
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