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here is my plan: it is simple and easy and quick


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#1 humble1

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Posted 28 September 2008 - 02:31 PM

would you rather vote for the $700 billion bailout plan OR just give it to american families directly? p.s. that would mean a check for over $10,000 to EACH family! MY PLAN OR BUFFETT'S PLAN?

#2 dcengr

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Posted 28 September 2008 - 02:42 PM

Why are you wasting time? It doesn't matter what we think.
Qui custodiet ipsos custodes?

#3 humble1

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Posted 28 September 2008 - 02:45 PM

dc: now, there you DO have a point! ;)

#4 dcengr

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Posted 28 September 2008 - 02:52 PM

Humble, you and the rest of the bears.. You know I'm a bear, and still a LT bear, so I feel some sympathy to your view. But I must say just like in march bottom when the suckers were getting frothy, my best guess is it will happen again.. this one is going to be stronger and longer than the last sucker rally. Its the primary wave B rally and every technical trader worth his salt will be saying "wtf how is this going up on fumes?" all the way into the poorhouse as they short it. At least that's my view. Maybe I'll be wrong this time and we'll crash into oblivion.
Qui custodiet ipsos custodes?

#5 AChartist

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Posted 28 September 2008 - 05:01 PM

My thoughts too but timeframe, I'm only good until early Nov for the first part of it then down to
mid Dec. I havent looked any further than that.

If this was going to be real bad right now stocks would be way down by now. Didnt happen.
Stocks are only down on forced liquidation and snap right back.

The bear mkt they are talking about probably comes from early 2009 into the 2nd pres year.


Humble, you and the rest of the bears..

You know I'm a bear, and still a LT bear, so I feel some sympathy to your view. But I must say just like in march bottom when the suckers were getting frothy, my best guess is it will happen again.. this one is going to be stronger and longer than the last sucker rally. Its the primary wave B rally and every technical trader worth his salt will be saying "wtf how is this going up on fumes?" all the way into the poorhouse as they short it.

At least that's my view. Maybe I'll be wrong this time and we'll crash into oblivion.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan