Well zero you can talk B.S. all you wish but finally the major three networks are finally reporting this country is going in the tank.
My guess is you'll be a little early UD. I don't think the businesses, finacials, and oil companies are done beating this asshole up yet. I think its going to get worse as we get closer and closer to the election. JMO.I'm kinda old fashioned.shorting stuff isn't my thing...I wait till hits bottom and on the first move back up I buy in.
I'm getting ready to buy.
I can "get ready" for a loong time..My guess is you'll be a little early UD. I don't think the businesses, finacials, and oil companies are done beating this asshole up yet. I think its going to get worse as we get closer and closer to the election. JMO.
The whiney asshat sure isn't much in the way of confidence building is he. He spends so much time passing the buck that he nevers says what he plans to do to fix it. Because he has no clue, and no desire to fix anhything. He knows if he can bullshit enough blind ass whiney sheep that its someone elses fault, hes in. CVX is a perfect example of the type that will buy this assholes excuses.
LINK: 3 1/2 years later, new scapegoat, same buck passing asshole
I like how he explains what the cause is, like we are a bunch of 3rd graders. I realize his audience is but, tell us what the hell you're going to do about it. His one suggestion................hire a bunch of people that won't create a single job. Complete idiot!The word is
Oblaimo not only doesn't inspire confidence, he stifles it.
Even as much as I dislike FDR, he inspired confidence in the people. Carter took office after Watergate and was a dismall failure. I felt depressed just looking at him. When he spoke it only got worse.
When I look at Obama if feel disgust. When he opens his mouth it moves to hatred, and rage.
This isn't about politics or confidence, it's about math.
And the math is bad. Very bad.
UD: I don't know anyone who knows where the bottom is and I doubt you'll know either. Buy on momentum instead IMO, timing any market is difficult to say the least.
Perma bulls aren't getting the big picture, the only way we see a real market return is via QE3 - and even then it's phony.
If you haven't already, I would advise to start getting prepared (food, etc...) as best you can.
This will all likely end in WWIII or as a World Wide Depression or both.
And this is why I say you are a complete nutcase. Our resident Corperate Fascist Conspiracy Theory Nut. Keep making those Birthers look sane there Z.:duh:War is exactly what Hitler and his Corporate Fascists did for Germany after they took over.........Watch for WW3 if Rongme and his MIC Corporate Fascists win big this Nov.)ThumbsDwn
This is the only reason I say Obama and the Democrats are the lesser of two evils.
:thumb: its right on...The markets I deal with daily took a distinct nose dive the day the Kenyan was elected - far before his inauguration. My son's company laid off 50% of their employees across America the day following that election. It's consumer confidence that drives many of our markets and it was completely lost among the thinkers and producers the day the entitlement class won the election.
I was in the thick of the market when Jimmy Carter's 20% interest rates killed most of our markets and the day Reagan won the election by landslide, a large measure of consumer confidence returned. The economy was still in the tank and unemployment was still up but money began to move the moment the light, at the end of the tunnel, came on. The light that proved to be exactly what America needed to rebound from the disaster that was liberal politics then. I believe the same thing will happen after this November's election. A good many liberal seats will be replaced by fresh new conservatives in congress and if Romney is elected, mark my words - the markets will begin a strong recovery prior to his inauguration. Us old guys have seen it first-hand far too many times.