Quote from Lucrum:
Is that a Ricter riddle, of sorts?
You say going long equities is going to be good. I'm simply asking if you're going to walk the walk.
Just think if you had bought, shudder, good old American Coca Cola at the time Obama made that statement. Where would you be now?Quote from bigarrow:
I do think our economy will get stronger, exactly how long it will take or what path it will take of course I don't know. And I don't know if a lower unemployment number will correlate with a rising market. I'm not a fundamental trader, more of a momentum/trend trader so when the market starts going higher I'll go long and see what happens. Right now the market is going down so I won't be going long at the moment.
Quote from Ricter:
Nevertheless, Obama was right.
Why it grew is a different argument. It was a good time to buy stocks.
