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Close Under 7000
- Thread starter clayinaustin
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Wardey
Founding Member
I don't think the "5"'s but maybe some low "6"'s for a couple. Remember, this is "flea market" prices for some good stocks. I am buying almost daily. Dave
Expensive Date
New member
I don't know I am usually bullish but there is no good news in the future that I know of to cause this market to run.We could even see 5s this week
That being said if we start getting better unemployment numbers production numbers and the foreclosure/default rate drops you could see a 1g point swing in a day.But I don't see that happening this month
That being said if we start getting better unemployment numbers production numbers and the foreclosure/default rate drops you could see a 1g point swing in a day.But I don't see that happening this month
fund razor
Founding Member
tommymonza
New member
A lot of wealth has evaporated recently. I stand by my 5s in the next 4 months at the longest.Bottom far from it.
I'm with ya here. When I said 6000, I meant breaking out below 6000. Watched it drop during another one of his "our (oops, I mean your) government" speaches this morning. CNN now simulcasts the Dow in the L lower corner when he gives press conferences.
FN' TOOL! I just put in a 11.5 hour day (2.5 hours unpaid overtime) today taking are of patients who don't pay for medical care, and he's going to finance his changes by decreasing payments to hospitals and doctors.
phragle
Charter Member
decreasing the funding to an underfunded healthcare system will go a long ways to fixing the healthcare problems. how about addressing the the false notion of 100% perfection or litigation? the human body is much more complicated than a car or a boat, how often is a car or boat diagnosed and fixed correctly the first time, everytime? how many repair shops would be in buisness if you could sue and were aggressively encouraged and offered legal services to sue for lottery sized payouts every time the mechanic didn't get it right? will this ever get addressed? unlikely considering the number of politicians who are lawyers. If it was ever addressed healthcare, insurance, and related costs would drop considerably. with the tremndous reduction in costs, facilities would be able to spend considerably more on staffing, education and equipment increasing the quality of care.
Ratickle
Founding Member / Super Moderator
Exactly, I cringe everytime I see another lawyer elected to a high political position. Oh wait, Obama and wife are both lawyers:ack2:.
The problem with his health care initiative is that nasty word "standards of care". So that means that everyone that is given a diagnosis has to be treated the same way. If there happens to be a way that better treats you then you are SOL. If you want the better solution then you have to pay out of pocket.
Offshoredrillin
New member
And that's the amazing part Chris, the hospital is the one that has to absorb those costs, from your pay, to every bit of gauze, tongue depressor and swab, hell even the cost of washing the sheets. that is no different than them telling me I cant make as much and I'm the evildoer for running a profitable business. So the answer is to take the money from the service provider, and give it to the one that wont pay his bill to begin with.
Expensive Date
New member
Geronimo36
Charter Member
they could use those stupid grafting tools with the DOW like they used during the election...
Expensive Date
New member
Unemployment numbers come out tomorrow in the AM
And it's only going to get worse.. GE will be split up , Citi is toast along with BOA, GM , ALCOA ... SPX and the DOW will take a serious blow in the morning ,the market has been shrugging off bad news for way to long...
The rally yesterday was all smoke about China...does anyone really belive that China will lead the USA out of this depression..????
So ,the market took those small gains back and then some..I got into day trading 5 months ago , lost a good size of $$$$ in the beginning, for the past month or so i am now under the guidance of a veteran trader and have been making money in this market with 3X ETF'S..if you have a weak stomach , i advise you not to play them..
DO not listen to the talking heads on cnbc or any other network !!!!!
DO no buy stocks , no matter how "cheap" they look !!!!!!
People talk about 401k's , the best thing you can do is take out what is left ,it will be a very long time before it will ever recover. SPX will see 600 or close to it ,DOW is anyone's guess.The next bubble is US Treasurys!
Best place to put money is with a good ,solid credit union ,they do not have exposure to all of this credit mess with CDS ,CMBS, etc... or buy a good safe and put your cash there..
Good luck and good health...America is going into very , dark , unchartered waters..
God bless America ...
The rally yesterday was all smoke about China...does anyone really belive that China will lead the USA out of this depression..????
So ,the market took those small gains back and then some..I got into day trading 5 months ago , lost a good size of $$$$ in the beginning, for the past month or so i am now under the guidance of a veteran trader and have been making money in this market with 3X ETF'S..if you have a weak stomach , i advise you not to play them..
DO not listen to the talking heads on cnbc or any other network !!!!!
DO no buy stocks , no matter how "cheap" they look !!!!!!
People talk about 401k's , the best thing you can do is take out what is left ,it will be a very long time before it will ever recover. SPX will see 600 or close to it ,DOW is anyone's guess.The next bubble is US Treasurys!
Best place to put money is with a good ,solid credit union ,they do not have exposure to all of this credit mess with CDS ,CMBS, etc... or buy a good safe and put your cash there..
Good luck and good health...America is going into very , dark , unchartered waters..
God bless America ...
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