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SELL, SELL, SELL.....Cut your loses while you can!! Get into gold, errr, silver, err, oil, errr. Oh I don't , just do it please, I would like to lower my price. Also, be sure to make up a story on how wise you were.
August and September are historically very bad months for stocks. That being said, it is now a snowball effect::
---bad job and employment numbers
---weak if any economic growth
---poor leadership all around---poor presidential leadership---and even worse legislative
---European eurozone crisis
The list goes on------however, the world invariably looks to the United States for compass, guidance, and comfort. Wrongo----What was put on display for worldwide and national consumption over the past three or four months was nothing short of pathetic.
Our country and the international community both needed structure---a sign that problems can be solved by reasonable who care for reason, rather than slogans or idealogy.
I am not all implying that the current slide is a result of only the farce that was the debt ceiling fiasco----but yikes----did it comfort, reassure,and reinforce to everybody that the backbone and reasoning that has always been America would prevail------heck no.
In case anybody wants to turn future negotiations into another three ringed circus go ahead---a dicombuluted nation and a nervous international community I am sure will be thrilled.
SELL, SELL, SELL.....Cut your loses while you can!! Get into gold, errr, silver, err, oil, errr. Oh I don't , just do it please, I would like to lower my price. Also, be sure to make up a story on how wise you were.
This is where I put it. Goverment Bonds.
G Fund Government Securities 19,876.6892 $13.7143 $272,594.88
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