Joe wrote: HaHa VL giving stock market advice, LOL.
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.
End of the year? Can't you read? I said i'll be done trading at the end of the week...
And don't get your feelings all hurt because you fancy yourself as the stock expert here. That don't impress me at all- You know nothing of the inner working of the industries you invest in, you just talk like you do. You're "the mark" in this stock market game.
Vice Lord wrote: I day trade on inside information..
Busted! Nothing like admitting to a string of felonies on an Internet board.
I think we will see a rise in the cost of our debt. Just too much out there, but America is still a lot more solid than Europe and the developing world.
Thomas Sowell: There are no solutions, just trade-offs.
Vice Lord wrote:
End of the year? Can't you read? I said i'll be done trading at the end of the week...
And don't get your feelings all hurt because you fancy yourself as the stock expert here. That don't impress me at all- You know nothing of the inner working of the industries you invest in, you just talk like you do. You're "the mark" in this stock market game.
I used to do a fair amount of short term stock and option trading. Had many good years and made some good money. I have sat it out for several years now though, just lost interest in it and hate the tax reporting. I may get back in when things calm down, if I do it will be in a tax free IRA account only.
You are right, I don't know much inside company info, I used to trade on stock charts and momentum mostly. Its all BS, mostly. But money can be made if you learn it.
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.
Friday could be interesting, a lot could happen over the weekend with the markets closed.
The volatility index ^VIX is a good indicator to watch, and it is spiking higher this week as would be expected. It basically goes higher when options on the sp500 are more expensive as a hedge.
The "experts" are now saying the AAA downgrade is no big deal, since US debt is still the best deal around. Haha
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.
We're certain the U.S. government will raise the debt ceiling… The current debate is just theatrics. Though, I suppose we should thank the debt debate for opening America's eyes. Everyone is worried that our debt situation is out of control and the U.S. will be downgraded. The market selloff and subsequent gold rally are evidence of that.
But when the entire world thinks one way, the money is usually made on the other side of the bet. We predict once the government reaches an agreement on the debt ceiling (which it will), we'll see a huge stock rally. And gold will correct (though only temporarily). Longtime Digest readers or people who have seen our End of America video know we're long-term bearish on the U.S. and long-term bullish on gold. It's a function of an insurmountable debt load… and world governments continuing to paper over their problems (more on this in a bit).
Government thugs are putting pressure on the credit agencies to keep quiet. Haha
If not default, a downgrade of U.S. debt by the ratings agencies is the most likely driver of fear. Najarian feels it's more of a long-shot than the rhetoric and threats from S&P and Moody's would suggest. The agencies "don't have the guts and they're getting a lot of pressure," Najarian says. "I'm hearing they're being told they're not going to be doing business if they go ahead and downgrade."
Among other ways the government could "exert influence" is removing ratings provisions in government debt entirely. The government could also start reviewing the agencies' contention that their ratings are simply opinions protected by the First Amendment.
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.
Hold steady my man-Both bills would ruin the economy but both parties have to pretend they want thier parties bills to pass when nothing could be further from the truth..
Its a clean bill friends- Stay tuned for my buy recomendation...When I get the call, I'll post imeadiatly
Busted! Nothing like admitting to a string of felonies on an Internet board.
