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If partisan politics affect your portfolio or influence your trading strategy in any way......
....you simply have no idea what you're doing.
Step away from the trade station and stick to threads like this.
Right on!
On another forum in 2006/7, while in the most defensive posture I have ever held, I yelled the sky was indeed going to soon fall. The partisan right wingers called me chicken little. And then that same group denounced me for re-investing after Obama took office. I didn't give much crap about Obama, but I recognized a great buy low investment opportunity in stocks. Of course the game ain't over, but I do my best to keep my personal politics out of my investment decisions.
On another forum in 2006/7, while in the most defensive posture I have ever held, I yelled the sky was indeed going to soon fall. The partisan right wingers called me chicken little. And then that same group denounced me for re-investing after Obama took office. I didn't give much crap about Obama, but I recognized a great buy low investment opportunity in stocks. Of course the game ain't over, but I do my best to keep my personal politics out of my investment decisions.
Very cool..... And glad to hear those moves worked.
The psychology of trading is difficult enough.... even w/o all that 'political noise'.
Now imagine a 2008 time-machine armed w/ a list of trades. Just... wow.
I bailed during the last bubble before it popped. I haven't been back in and have no regrets. When this one pops, (which it will) it will be HUGE. People will be jumping off cliffs.
I agree 100%. I have the same queasy feeling I had in late 2007 and I bailed out before the bust, thank goodness. I see a huge plunge coming on, and this recent up-pumpiing of the market is classic just before it goes bust. One "burp" in Washington [quite likely] and down she goes.
I agree 100%. I have the same queasy feeling I had in late 2007 and I bailed out before the bust, thank goodness. I see a huge plunge coming on, and this recent up-pumpiing of the market is classic just before it goes bust. One "burp" in Washington [quite likely] and down she goes.
Rather than exit, embrace volatility.
Much more opportunity - not only adding to existing positions but enjoying the wild ride.
Beats flat chop w/ low volume.
And these days, ETF vehicles put the power in your hands. Not just options experts @ CBOE.
Sorry Sparky but your Hero started at 7.8 and here we are approaching 2014 and we're at 7.3%. Boy is he doing a stellar job.
Apparently you have a poor memory. Obama took office while the economy was crashing. The country was still losing hundreds of thousands of jobs each month, unemployment was climbing rapidly, and hit 10 percent in October 2009.
What will the Dow be when the Fed stops pumping $85 billion a month into 'the market'?
Every time the Fed looks at them funny the Dow dives in terror.
I think it's obvious what would happen without the pumping.
Of course it's bullsh#t. And if it were Bush pumping trillions into the Wall Street transnational elite's pockets like this the Left would be absolutelyVOLCANIC. WITH. ANGER.
Apparently you have a poor memory. Obama took office while the economy was crashing. The country was still losing hundreds of thousands of jobs each month, unemployment was climbing rapidly, and hit 10 percent in October 2009.
TOTAL AMERICANS EMPLOYEED JAN 2001..................137,778,000
TOTAL AMERICANS EMPLOYEED IN FEB 2008.............145,993,000
Americans Employed, January 2009:........................ 142,187,000
SO TOTAL NET JOBS CREATED/LOST UNDER BUSH.........4.4 MILLION GAIN (GAIN WAS HIGHER BEFORE THE RECESSION)
Americans Employed, January 2009:........................ 142,187,000
Americans Employed, today:.................................. 142,101,000
SO TOTAL NET JOBS CREATED/LOST UNDER OBAMA..... 86 THOUSAND LOSS
obama has not done his job
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