Las Vegas Advisor Menu
« LVA Forums « Vegas Free-for-All

Is the bull sucking wind?

Don
Don
Jun 13, 2011
11:47pm
Block User
DonDiego thanks arcimedes for posting this link. One concerned about his investments and the condition of the economy in general could do worse than devoting 12-minutes to watching this video. [n.b. For those who click the link later, the video if interest is dated 1 June 2011] :
Quote
Originally posted by: arcimedes
The future looks grim indeed.
https://www.europac.net/media/video_blog

Oh, . . and for those who might choose to discount Mr. Schiff's views out-of-hand, DonDiego points out that Mr. Schiff predicted the 2008/2009 collapse with great detail and precision, . . . while those much smarter and more clever than he laughed at him. Here's the 10-minute video: Peter Schiff Was Right

melbedewy
melbedewy
Jun 14, 2011
12:06am
Block User
Damn, and I was so sure borrowing 5 billion a day from China` was going to create prosperity!
hoops2
hoops2
Jun 15, 2011
3:45am
Block User
Down big again today based on inflation numbers. Yesterday was up because retail sales didn't suck as much as expected.

Change we can believe in because when bambam is done; that is all I will have left
alanleroy
alanleroy
Jun 15, 2011
7:22am
Block User
Quote
Originally posted by: hoops2
Down big again today based on inflation numbers. Yesterday was up because retail sales didn't suck as much as expected.

Change we can believe in because when bambam is done; that is all I will have left

I don't think you can take a single 'inflation number' or a 'retail sales' number and attribute a market direction to it. We are coming off one of the largest 2 year increases in the history of the American Stock market...basically doubling....If you're going to blame Obama for a bad day or week or month, then you have to give him some credit for the historic gains from March 6 2009 to April 29 2011....or are you just looking to bash him whenever the market declines? There are plenty of legitimate criticisms of the President. The stock market ain't one....at least not yet.

Dang..I hope no one thinks this is a political statement...It's an economic one.

chefantwon
chefantwon
Jun 16, 2011
5:40am
Block User
Quote
Originally posted by: alanleroy
Quote
Originally posted by: hoops2
Down big again today based on inflation numbers. Yesterday was up because retail sales didn't suck as much as expected.

Change we can believe in because when bambam is done; that is all I will have left

I don't think you can take a single 'inflation number' or a 'retail sales' number and attribute a market direction to it. We are coming off one of the largest 2 year increases in the history of the American Stock market...basically doubling....If you're going to blame Obama for a bad day or week or month, then you have to give him some credit for the historic gains from March 6 2009 to April 29 2011....or are you just looking to bash him whenever the market declines? There are plenty of legitimate criticisms of the President. The stock market ain't one....at least not yet.

Dang..I hope no one thinks this is a political statement...It's an economic one.


Don't worry, there are plenty of people here that will turn what you said into a political statement.

At least the 401k went up before I sold it.
Big Daddy Racing
Big Daddy Racing
Jul 5, 2011
8:45am
Block User
Thanks for starting this!! Cha ching! Always fade the public.
Zigggy
Zigggy
Jul 6, 2011
12:31am
Block User
Just for the record ........................................

June 15th (when the "Sky is Falling" conversation was going on) - DJ was at 11,897

July 1st - DJ was at 12,582, a 5.7% gain in 2 weeks

YTD - +7.8%, not bad.

Yes, The Bear will appear eventually & The Doom & Gloom crowd will be right for a change.

"Market Timing" - bad investment strategy for amateurs.
Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now