According to my sources Obama made the calls more tha two weeks ago assuring our creditors that the debt cieling will be raised one way or (14th amendmant) the other. The Bond market is rock solid and money is readily available. They know we arent defaulting, they are the smart money- The stock market is shakey due the dumb, small time, outta the loop, chicken little investors who ignorantly believe we possibly could default. If your timing is right, there's short term gains to be made in that crappy stock market racket because we ARE NOT defaulting friends..The stock market hasn't bottomed out yet, I'll let you know exactly when to buy, and when I give the word- Break the kids piggy banks and use that 2nd line of credit you got on your house.... and jump in with everything you got.
I hope you put everything in the stock market. Everything, including that piggy bank.
Here's the rosy report on the state of the economy that came out today, it was prepared by the government (fed) so you know it's probably prepared by Obama's pom-pom girls using the Obama's patented "rose colored glasses".
You don't have to believe me or my sources, but the strong bond market should tell you that this drama in washington is a farce..And I said short term gains..I'm talking about buying 10 minutes before they announce the debt ceiling will be raised in a clean bill, and selling 2 days afterwards..Only saps are in the market long term..I day trade on inside information..Thats what I do..I'm the smart money
Ahem....VL,you didn't address the credit DOWNGRADE,what do your "sources" say about that? If you think Moody's and S&P and other
agencies are blowing smoke,you just MIGHT want to rethink your plan,of course, JMO....OH,by the way have you checked the BALTIC DRY INDEX lately????
I can't reveal my sources, nor do I have the time to explain to you how this is all a minupulation of the markets...So just trust me and get ready to buy. Follow me, i'll make you from between 35-45% on everything you got. Tail me and i'll take you to the promise land.
OF COURSE, it's market manipulation.......what do you think the AIG and Lehman's fiasco was......an accident? Gov has been in bed with
corp america,banking institutions,etc since forever.JMO You DIDN'T answer my question regarding the DOWNGRADE? THAT is so unlike you,
Hey micro-brain, the phony debt deals they are working on address none of the long term problems and there will be a AAA credit downgrade soon. Everyone knows the ceiling will be raised by some amount to keep things running, that does nothing for the credit rating.
This drawn out debt fiasco posturing has already damaged the economy, business confidence, and consumer confidence.
After the downgrade, interest rates will go higher. Stocks will probably go lower too thru the end of the year.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.