but me, i'm all ready gone...
Posted on 09/06/2010 9:39:41 PM PDT by DeaconBenjamin
I don’t understand what people are afraid of, if the market goes haywire or we have another flash crash, the plunge protection team will step in and save the day, or the SEC will just void out the previous days trades, reset the trading clock and give investors a “do-over”...
BINGO:
Word is the market will take a 20% dive this October. Sometime. 70% likely to drop 2000 points.
Thus, to protect assets from a more serious drop, sell now, and either hold the cash for a good buy later, Post November Election, or buy Silver Coin and wait longer.
Stay in the stocks ONLY if you can take a 20% or greater loss risk and plan to be into these same stocks in 10 or more years.
Those of you planning to sell some anyway and retire, in the next few years, should go all out NOW! Cash or Silver will be a better risk for anything under 1 year recovery.
Assuming two things: The Dems do NOT pull any crazy lame duck crap AND... AND the GOP wins big and then IMMEDIATELY UNDOES that crap.
Some of the information is rather detailed and I have had to go to financial definitions many times to follow the topics. But it has been worth it.
The market is getting a little bump over the GOp winning seats in Nov.
It will not make much difference to people with money. They are sitting on it until Obama is gone. Unless the GOp impeaches and removes him then nothing changes.
The idiots in AZ made sure McCain will win again. Too many RINOs are around. The American public are idiots who are brainwashed by TV and ball games. Total morons. ObamaCare is the first Islamic tax and non-muslims and the public has no clue. They are idiots and cowards who are addicted to TV.
It’s probably too late to prevent the Democrat melt down, but it’s not too late for them (Democrats) to try to prevent a meltdown by doing what they should have done 18 months ago. For that reason I’m kind of bullish near term.
but me, i'm all ready gone...
might be but the market already has a low PE. around 10 as I understand it. A couple years ago the market PE was about 20.
I don’t think there is any upside from now through the election.
But right now people are thinking and rightly so that likely the pubbies will win come november and chop down the deficit in 2010. obama in canada last june said deficit reduction would be next year’s big chore.
Move old 401K’s into a self directed IRA. Have that put into a money market. No penalties, and your money just sits there.
Stocks go up ... you make nothing. Stocks go down ... you lose nothing. Put cash in pre 64 coins. JMHO.
Check Barrons. The S&P 500 index P/E all the stocks is closer to 18 to 20.
To others - also consider mutual funds or ETFs outside of the USA. Other countries are doing suprisingly well because their populace is not filled with robots brainwashed by TV and NFL/NCAA ball games from 6 TV networks owned by Saudis and other Muslims.
Not everyone in the world is morons who elect a muslim to destroy their country. Canada, Australia, Germany, SE Asia. Not all people are idiots.
“The American public are idiots who are brainwashed by TV and ball games.”
And don’t forget the “Real Housewives” of NY, NJ, Atlanta, and Orange County!/s;)
250 is the new 40.
“the us dollar is worthless paper”
How come it’s OK for them to print up worthless paper backed by nothing, but it’s a crime for the peasants to do the same thing?/s;)
Half of all Americans are above average.
Sorry Ray. I wish Obama was a normal dem who would run to the center to save his party. He is not. He is a radical Muslim who is seriously intending to destroy America and is duping the Democrats as well. He will not alter course. After the 100+ seat holocaust in November, he will push HARD for “revenge” bills in the lame duck session.
Ignore any conventional thinking when it comes to this creature.
free trade and open borders has destroyed us and not one leader understands this. the economy must stabilize itself with the rest of the world. therefore our standard of living must decrease or theirs must increase. since there are many billions more of them then us. The logical step is for ours to fall. that is the end result of free trade and now that the companies have destroyed the golden goose with their pursuit of the biggest profit margins the USA economy is in freefall and can no longer support the expensive products prices of the cheap products made in China and mexico. and the leaders answer is INFLATION? increasing prices will drive what little demand out of the market altogether. Inflation will cause everyone to become a rancher and farmer. inflation will cause hunting to spike. Inflation will cause more unemployment as demand nosedives. Do these idiots not understand the basic economic law of supply and demand. there is no demand so they want to drive up price? increasing prices drives down demand and causes supply to shrink as the lack of demand inflates inventories companies will cut back production.
What a completely vitriolic post. You certainly do hate Americans.
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