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sorry didn't insert chart

S&P 500 giving a continuation signal. Sending out a big fat sell sign. Projections down to 677 and 484. Anybody have a different take on what I'm seeing. Looks scary to me.:( JIM

And I assume you are talking about the clean money you make invested in stocks or real estate? The government rigs those games just as much. Interest rates are doing what right now? Forcing people into real or stocks to have a hope of getting a return. Fixed incomers get screwed. They are...

Thanks for you reply. I've been remembering you saying something about that and have been considering instituting that policy. It seems somewhat prudent with all the money being thrown into the economy. I sure appreciate your commentary and ideas. JIM

B1, Have you continued adding 2 % stock exposure a month to your investment accounts? thanks JIM

Not period. Posting blame is stupid. The market set up this huge decline starting with the 90's stock market surge as well. Double top, divergence, ect. what ever you looked at gave a long term sell signal. Did Bush cause the tech bubble as well? Should be blame Clinton? No. Everybody in...

Good call. Not bad just scary to people who think no one should be hurt by a bad company making bad products. Every bodies scared and willing to sign over their future to avoid pain. A lot of good would come from GM's failure. It would just be in the future and would hurt today.

I don't know your experience with American cars, but mine has been very predictable and universal as far as my family and friends are concerned. Every American and Japanese car we have owned was more or less reliable from 0 - 100,000 miles. There after every American car we have owned...

Bummer.

:D

I've been reading about that for years now. The same sob story about how health care is going to bury them. Except for the media (who wants the universal health care) the average person knows the reason GM is in the tank are the Shit boxes they try to guilt the American people into buying. They...

Now that's what I was thinkin!

Bingo! We have no idea what companies will be left standing so why jump the gun. I won't be on forward earnings estimates. PE's can be wrong. Price action is price action. If it goes down that's the way. If we turn around and start breaking ground on a bull, that's the way.

And GM is different how???

Yeah. I agree. Been tempted to throw in the bear towel but won't until technicals change. Also heard some talk of shorts in the market. I don't think much of this is shorts. I think it's long term longs liquidating never to come back. I think this is a real pyschological change in how the public...

Ah Touche Good sir! Star your screwed.

She's probably thinking that A-hole lost my half.:D

??? where are we???

No didn't lose anything Dill Hole. Except as a tax payer and disappointed member of the USA. Only losers go long into a down trending market. I've always contended this market was going lower no matter what. Credit will not be made normal at least the contemporary normal which is virtually free...

There you go, you dill hole. You got your crap bailout. Tax payer on the hook for a trillion. Increased cap gains taxes in the future to pay for it, if they have any after this incredible loss of wealth after the bailout. At some point they will have to liquify assets at these lower levels just...