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As predicted, the stock market is declining. Interestingly, all the Obama supporters who claimed credit for the 'rise" do not accept responsibility for the decline. The bad news- the decline is not over and will go much lower. When the nation realizes that jobs and the financial markets can only really expand after the yoke of socialism is removed, perhaps we can have sustained prosperity again. The spectre of cap and trade as well as increase buisness taxes for Obamacare is killing us. Fortunately, it is only killing those suckers who praised the market rise and did not sell out.
Lol, do you have any idea what's causing the current decline? I mean out in the real world, Mr. Martini.... dont see mention of it in your post.
Lol, do you have any idea what's causing the current decline? I mean out in the real world, Mr. Martini.... dont see mention of it in your post.
I just told you.
I would certainly bet my investing record against yours, as I am wealthy as a result of investing. How have you done?
There will always be world issues and "triggers" that are blamed by the media as the cause of a market decline. These isolated events are but one of many causes for changes in the market.
The market is supply and demand for shares which is potentially reflected in the fundamentals of the company, but many times is not. The global market is many times a general refelction of economic sentiment, such that markets tend to decline with fears of inflation, high interest rates, or poor growth.
Obama is anti-growth president, who would rather spend treasure and capital on job killing policies, such as cap and trade as well as Obamacare, at the expense of US buisness. These programs apparently are what many of the leftists want. However, I find it odd that when unemployment remains high, the economy continues in the tank, debt rising and the market falling that some actually seem suprised. What did you expect with such policies?
I'm not worried about the decline. If you are invested in good companies then they will come back. In addition, it creates value opportunities for those (mainly the wealthy online posters) investors who can afford to look for bargains.
I would certainly bet my investing record against yours, as I am wealthy as a result of investing. How have you done?
There will always be world issues and "triggers" that are blamed by the media as the cause of a market decline. These isolated events are but one of many causes for changes in the market.
The market is supply and demand for shares which is potentially reflected in the fundamentals of the company, but many times is not. The global market is many times a general refelction of economic sentiment, such that markets tend to decline with fears of inflation, high interest rates, or poor growth.
Obama is anti-growth president, who would rather spend treasure and capital on job killing policies, such as cap and trade as well as Obamacare, at the expense of US buisness. These programs apparently are what many of the leftists want. However, I find it odd that when unemployment remains high, the economy continues in the tank, debt rising and the market falling that some actually seem suprised. What did you expect with such policies?
I dont think you personally trade, this is the silliest tapdancing Ive read in a long time. Do you mean you use a broker?
But I am in real life. That is the difference. I am pretty sure that my wrist watch cost more than your annual salary. If it makes you feel any better, I am 30lbs over weight.
I dont think you personally trade, this is the silliest tapdancing Ive read in a long time. Do you mean you use a broker?
Brokers are for chumps. They are only interested in selling, as that is how they make thier living. "Buy and hold" is a bunch of crap as well. One must take profits and be patient. I will let you know when to buy after this decline if you want. I already told you when to sell last winter and was kidding the libs to "buy now' when they were celebrating the "rise" in "Obama's market". We have another shoe to drop before it is safe to go back in the water.
Do you not find it interesting, however, that Obama's main financial supporter (George Soros) is helping to fuel some of the euro crisis in europe, just as he assualted the English Pound twenty years ago? Whatever happened to "concern" all of you socialists have for your fellow man? The problem is that there is no concern- they are all like Soros (Barry included) and are only concerned with lining thier pockets. The 'socialist" rant is a ruse for suckers.
I just want to say "I told you so" when I mentioned the dad cat bounce last year.
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