To: Auntie Mame
It's only BS to those that don't understand reality. Don't know what indicators you focus on but if you think things are going swell you need to take one of those inflated pieces of fiat currency and go buy a clue.
To: american spirit
I suggest you go back and re-read the article if you can stand to, it's so poorly written. Be that as it may, it starts off with how bad unemployment is, then says, well, the numbers aren't bad, but.....
Then, it goes on to the stock market with more lies.
Then, the article touches on deflation. Give me a break. There isn't any deflation, but he gives examples and they are bogus.
Then he has the example of houses sitting empty and nobody will buy them because they can't be insured until they're fixed up. Huh?
The author is deranged. Believe this crap if you wish.
22 posted on
03/11/2003 5:52:34 PM PST by
Auntie Mame
(Let us endeavor so to live that when we come to die even the undertaker will be sorry.--Mark Twain)
To: american spirit
Here's another piece of bad advice in the article:
"If you bought a tech stock at $100.00 per share and its now at $4.00, youre tempted to wait it out. Dont. Youve made a mistake. Get over it. Take a loss, pick up your marbles and move on to another game."
Now, unless you actually need the loss for your taxes, and few of us do right now, why would you sell something that's lost 96 percent of its value? It's practically worthless. The logical thing to do would be to hold onto it until it either goes up or goes bust.
Why would this writer be giving such poor advice?
116 posted on
03/11/2003 7:48:54 PM PST by
Auntie Mame
(Let us endeavor so to live that when we come to die even the undertaker will be sorry.--Mark Twain)
To: american spirit
It doesn't matter because we're all going to die in a flu epidemic.
212 posted on
12/03/2003 6:12:47 PM PST by
lonestar
(Don't mess with Texas)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson