Keep on getting hammered by the crappy Bush economy...

CanadianKid

New member
Man i think its time to stop investing for awhile until Jan 2009....

With the worst job creation and economic record since the Great Depression....and the worst lagging stock prices in the past 30 years....

Its an awfully bad time to invest....

CK
 
i can attest to that.. lost a shit load past 2 weeks. yanked 40% from market.. not going to get baited back in till next year.
 
Ck you can be excused because your a baby.
Chap you should know better.
100,000 jobs a month with 4.8 unemployment is pretty good.
Market usually does good in an election year ie. next year.
One thing this old man knows is, you don't make money when everyone loves the market so much your waiter is giving you stock tips.
Best time to invest is when everyone is running for the exits.
 
I see china coming down nicely. Prob is I put a bunch in tech and have no gains to sell.
and for Ck who I shoved his head up his ass last time GDP was over 5 it's 4 for the third qtr that is pretty damm good.
Here's the turbo-libs dhilema, the top 20% account for more spending than the bottom 60% so even when the economy is good the non college grad being pinched by globalization is in the dumps.
 
oh believe me i plan to put it back in probably before xmas. just waiting for the lows.

Dow breaks 12850 range and it will confirm a technical break to the downside. Won't be pleasant. Thus far the resistance has held it above the Aug 16th lows. Dow Tranports and Wilshire are still below their tech breaks.... good idea to wait and see which way this is going. I have also built cash positions.
 
I see china coming down nicely. Prob is I put a bunch in tech and have no gains to sell.
and for Ck who I shoved his head up his ass last time GDP was over 5 it's 4 for the third qtr that is pretty damm good.
Here's the turbo-libs dhilema, the top 20% account for more spending than the bottom 60% so even when the economy is good the non college grad being pinched by globalization is in the dumps.

yep.. once it deflates a little.. CHINA that is.. i will move back in. long term its a great position.. but no reason not to sell on the highs and buy at the lows on the ride up.
 
I stay fully 100% invested in my retirement accounts all the time in stocks, just switching between OIL and S&P 500.
My other investments are just 100,000 I play with in a discount broker account.
nobody's times tops and bottoms to serious effect.
the P/E multiple is down to 15 on the S&P which while not cheap it's is much cheaper than the last 5 yrears.
 
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