Buy a 2009 Rt or Invest in Stock Market???
10-01-2008, 10:58 AM
#21
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RE: Buy a 2009 Rt or Invest in Stock Market???
ORIGINAL: SF18C
Isn't it nice to have video records of Congress.
http://www.americanthinker.com/blog/..._franklin.html
ORIGINAL: Colorancher
I will suggest that the market will rebound tomorrow (Tuesday Sept. 30) by about 75% of the loss today (maybe 582 points). All it will take is the spineless Republicans who got us into this mees to vote yes on the market making plan. The $600B is not a tax hit. It is an investment in distreseed equities. The gov't could actually make money by gettting these mortage backed securities (yes, actually backed by physical properties) at pennies on the dollar. I do not think our gov't could actually make a profit (c'mon it is the gov't), but it is not just pouring tax money down the drain. Mark my words, right now, the Congress will pass a measure and the stock market will rise tomorrow.
I will suggest that the market will rebound tomorrow (Tuesday Sept. 30) by about 75% of the loss today (maybe 582 points). All it will take is the spineless Republicans who got us into this mees to vote yes on the market making plan. The $600B is not a tax hit. It is an investment in distreseed equities. The gov't could actually make money by gettting these mortage backed securities (yes, actually backed by physical properties) at pennies on the dollar. I do not think our gov't could actually make a profit (c'mon it is the gov't), but it is not just pouring tax money down the drain. Mark my words, right now, the Congress will pass a measure and the stock market will rise tomorrow.
http://www.americanthinker.com/blog/..._franklin.html
10-06-2008, 06:14 PM
#22
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RE: Buy a 2009 Rt or Invest in Stock Market???
It's been about one week after this thread started and anyone who jumped that day has another 600 points to recover. Now the panic takes over :-(
Buy 10 pounds of dog poop at the 1 pound price, and its still dog poop.....
The only thing thats dropping faster then new car values is the markets.
Buy 10 pounds of dog poop at the 1 pound price, and its still dog poop.....
The only thing thats dropping faster then new car values is the markets.
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