Talk about a complete free fall. This ship is sinking faster than The Titanic backing up & ramming the iceberg again. Oh wait. That Just Happened!!!!
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So Much For The Stock Market
Talk about a complete free fall. This ship is sinking faster than The Titanic backing up & ramming the iceberg again. Oh wait. That Just Happened!!!!
I just got off the phone with my broker and loaded up the boat a little more. I alway buy when everyone else is selling...
"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
Raven - Moneybird's Black Magic Marker***
(Esprit's Power Play x Trumarc's Lean Cuisine)
Mick - Moneybird's Jumpin' Jack Flash***
(Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
Peerless - Moneybird's Sole Survivor
(Two River's Lucky Willie x Moneybird's Black Magic Marker)
That is the best time to buy! I've been out of the stock market for years until about 10 minutes agoOriginally Posted by Buzz
It may go down further but, it won't stay down. I'm in until it gets to about 13,700.
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
Dumb money selling today and smart money buying tonight
Really. I would bet people are locking in their profits now so they only have to pay 15% Capitol Gains tax because people like you want more of my money through taxes to give out more Obama phones and food stamps and section 8 housing, etc.
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Newsmax, Dick Morris' voice of doom and gloom! Fear is how he gets people to read his rag.
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
Leaving money on the table to not pay tax is bad business. Paying taxes is never a bad thing because you have to make money to owe them
This is where he lost all credibility in my mind:
As long as we are in a liquidity trap, we won't see runaway inflation. They have been predicting this for 3 1/2 years now...It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.
“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.
“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”
"For everyone to whom much is given, of him shall much be required." -- Luke 12:48
Raven - Moneybird's Black Magic Marker***
(Esprit's Power Play x Trumarc's Lean Cuisine)
Mick - Moneybird's Jumpin' Jack Flash***
(Clubmead's Road Warrior x Oakdale Whitewater Devil Dog)
Peerless - Moneybird's Sole Survivor
(Two River's Lucky Willie x Moneybird's Black Magic Marker)
What you like the gov taking your money.
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