Reagan's Big Spending = Big Bull in 1980s

richrf · Dec 9, 2008

Guys,

It looks like it is all Doom and Gloom from your point of view. If I held the same views, I would be shorting the market like crazy with max. leverage. If you do this, can you let me know. Because I am buying, and I love to buy on the cheap. Just keep the shorts coming. I am waiting for the market to drop a bit, and anything that you guys can do to help out, would be very much appreciated.

swtrader · Dec 9, 2008

Quote from richrf:

Guys,

It looks like it is all Doom and Gloom from your point of view. If I held the same views, I would be shorting the market like crazy with max. leverage. If you do this, can you let me know. Because I am buying, and I love to buy on the cheap. Just keep the shorts coming. I am waiting for the market to drop a bit, and anything that you guys can do to help out, would be very much appreciated.

oh, you can have a rally when the fundamentals are bad, 2003-2007 was a bear rally in my opinion. but like all rallys, if you're long you make money, and short you lose

richrf · Dec 9, 2008

Quote from swtrader:

oh, you can have a rally when the fundamentals are bad, 2003-2007 was a bear rally in my opinion. but like all rallys, if you're long you make money, and short you lose

Equity rally's occur when the market is a good place to park money when compared to alternative investments. Treasuries, commodities, CDs, some currencies, etc. are poor alternatives at a time when the fiscal policy favors massive spending and monetary policy favors low rates.

But, I am an easy going kind of guy, and I welcome all shorts to disagree with me vehemently and short Obama to the hilt. All in! Bring those prices down. The lower the better, though, unfortunately, I don't think I am going to have another bottom to party off of.

Anaconda · Dec 9, 2008

Quote from richrf:

Equity rally's occur when the market is a good place to park money when compared to alternative investments.

You're too stupid to even realize that if you adjust for dollar devaluation, there was no actual equity rally in 2003-2007.

stock_trad3r · Dec 9, 2008

Quote from richrf:

A good example why it is not a good idea to fight the Feds:

Big Spending Reagonomics

Stock Market circa 1980s

" The Recession of 1982

By 1982, âReaganomicsâ had taken its toll as several banks failed, the stock market plummeted, and unemployment soared in the worst economic recession since the Great Depression. Eventually the economy pulled out of the pit, thanks in part to sound policies from the Federal Reserve Board.

Deficits and Debt

Although Reagan entered the White House promising to reduce government spending and return more power to the states, he ironically became the biggest spender in American history. Not even Rooseveltâs New Deal during the Depression or Johnsonâs Great Society had dumped so much money into the economy as Reaganomics. Between 1980 and 1988, Congress overspent its budget by more than $200 billion every year, while the national debt soared from roughly $1 trillion to $2.5 trillion."

Same for George W Bush. A huge spender and the stock market surged until 2008. The current bear market cannot be attributed to deficit spending as the libs would have you beleive.

scriabinop23 · Dec 9, 2008

Quote from richrf:

Equity rally's occur when the market is a good place to park money when compared to alternative investments. Treasuries, commodities, CDs, some currencies, etc. are poor alternatives at a time when the fiscal policy favors massive spending and monetary policy favors low rates.

But, I am an easy going kind of guy, and I welcome all shorts to disagree with me vehemently and short Obama to the hilt. All in! Bring those prices down. The lower the better, though, unfortunately, I don't think I am going to have another bottom to party off of.

hmm...... stocktrad3r?

Pa(b)st Prime · Dec 9, 2008

Quote from Landis82:

The defense stocks ( namely LMT, LLL, and GD ) are a screaming BUY here!

GD and particularly LLL have the least amount of pension plan expense "headwind".

Couldn't agree more. We'll have 300,000 troops in Afghan/Pak by 2010. The new economy depends on it.......

richrf · Dec 9, 2008

Quote from Anaconda:

You're too stupid to even realize that if you adjust for dollar devaluation, there was no actual equity rally in 2003-2007.

lol.

richrf · Dec 9, 2008

Quote from stock_trad3r:

Same for George W Bush. A huge spender and the stock market surged until 2008. The current bear market cannot be attributed to deficit spending as the libs would have you beleive.

There are two ways to spend money:

Wisely and foolishly. We've had the latter for eight years. Over the next four years, we will be witnessing the former - and the effects are very healthy for people and our economy.

gnome · Dec 9, 2008

Quote from richrf:

"... I am glad we have a real pro-growth government finally in place, as opposed to pro-rich. Two different things entirely.

You are so totally FULL OF IT. There will be no growth, only social spending. You'll love it when the USSA has become "France, West".