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afan

Is It Time To Back Off The Stock Market

29 posts in this topic

I see signs of a Black Monday coming and feel a 20 to 30% correction is about to hit. To many stocks running wild. It seems people are selling one stock that is out of favor and buy with that the new kid on the block. Well now that new kid is not like the old days, It seems that stock only lives strong a week. It is at this time we are seeing more people selling and like real estate do what I call Stock Flipping. Stability is gone and companies are dealing in short term reality. I do feel we have til Jan but at the end of the month look for this roll back. Good luck and think maybe it is time to sit this quarter out

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I took a hair cut last month. I am taking advantage of the drop to buy more shares.

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I'm not easily spooked. Will probably be in "let it ride mode" for another 6-8 years.

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Cash in mason jars for me.

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Nice time to buy some shares. However have little funds at the moment to buy with. Sit and wait.

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I've got one stock up 8% today and the one I bought earlier this month is up close to 20%

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The market is taing a dump on fear of Republicans getting elected. Republicans are bad for the stock market.

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TMexican bought another 350,000 shares last Thursday. That means he has spent $39 million out of his own pocket betting it's going to go up.

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The market is taing a dump on fear of Republicans getting elected. Republicans are bad for the stock market.

 

 

Last night:

 

US Senate Republicans +7

US Congress Republicans +14

US Governors Republicans +3

 

Right now:

 

Dow Jones Industrial Avg  +84.96

S&P 500 Avg  +8.71

NASDAQ  +1.14

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Since the days of Calvin Coolidge the market still performs much better when Democrats rule the roost.

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Since the days of Calvin Coolidge the market still performs much better when Democrats rule the roost.

"Past performance is no guarantee of future results." :)

 

I really think, more than anything Wall St likes it when Washington is gridlocked and does little to nothing.

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Markets don't like uncertainty. Gridlock maintains the status quo.

 

 

I own a couple of foreign stocks they keep chugging along. At any given time, theres always someplace in the world where everything is rosy.

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I'd be doing really well if they would just stop building new ships.

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The stock market is going to do great after that resounding liberal rebuke.

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The stock market is going to do great after that resounding liberal rebuke.

Since it has been doing great for the last 6 years, making us all boatloads of money, I am thrilled to hear it is only going to get better! Onwards and upwards!

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Friday was one of my biggest days ever. One stock was up 11.79%, one was up 7.5% and another was up 8%.

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Friday was one of my biggest days ever. One stock was up 11.79%, one was up 7.5% and another was up 8%.

ROTFLMAO. Sure it was, pig boy.

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They already know which stocks I am talking about Dummy.

 

 

Keep drinkin' linkin', maybe you can find yourself another bar hag.

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They already know which stocks I am talking about Dummy.

 

 

Keep drinkin' linkin', maybe you can find yourself another bar hag.

Who's "they"? The voices in your head and the mouse in your pocket?

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