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Thread: So Much For The Stock Market

  1. #1
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    Default 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!!!!

  2. #2
    Senior Member Buzz's Avatar
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    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

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    Senior Member Franco's Avatar
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    Quote Originally Posted by Buzz View Post
    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...
    That is the best time to buy! I've been out of the stock market for years until about 10 minutes ago It may go down further but, it won't stay down. I'm in until it gets to about 13,700.
    It's time we abandon our party affiliations and rather than being good Dems or good Repubs we all become good Americans. MJH345

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    Senior Member menmon's Avatar
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    Dumb money selling today and smart money buying tonight

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    Senior Member duckheads's Avatar
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    Quote Originally Posted by menmon View Post
    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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    Senior Member Uncle Bill's Avatar
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    When the one you love becomes a memory, that memory becomes a treasure.

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    Senior Member Franco's Avatar
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    Newsmax, Dick Morris' voice of doom and gloom! Fear is how he gets people to read his rag.
    It's time we abandon our party affiliations and rather than being good Dems or good Repubs we all become good Americans. MJH345

  8. #8
    Senior Member menmon's Avatar
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    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

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    Senior Member Buzz's Avatar
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    Quote Originally Posted by Franco View Post
    Newsmax, Dick Morris' voice of doom and gloom! Fear is how he gets people to read his rag.

    This is where he lost all credibility in my mind:

    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.”

    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...
    "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)

  10. #10
    Senior Member starjack's Avatar
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    Quote Originally Posted by menmon View Post
    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
    What you like the gov taking your money.

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