If the fed screws up again next week, by not giving any rate cut or if people are mad at only a quarter cut. The stock market will be pretty bad in the hole. That is your time to buy the companys stock that you want.
Truth be told, haven't rates been cut enough. I get how it can temporarily help out the market, it however kills other things in the same stroke of the brush.
Friend, you should realize that if people are relying on FED rate cuts (cheap credit for speculation), then the market is in deep shit. Now is not the time to buy stocks. Not for the faint of heart, or those with limited means. I'm predicting the DJ will be under 10,000 by summer.
Im not talking for a long term, maybe on some companies. If its that bad next week you have to buy. Why would you not?!.
Well if you follow market history starting with Napoleon's defeat at Waterloo you will see how the Markets are controlled by the trillionaires of this world... Do to the fact that the Rothschild's owned the media at that time everyone was watching to see what they would do the day after the battle of Waterloo... If the Rothschild's started selling everyone would believe Napoleon had won if they started buying everyone would believe Napoleon had lost... The Rothschild's were way ahead of everyone in receiving the truth of the battle... When the Markets opened the Rothschild's started selling starting a market sell off... Then the Rothschild's bought up the market pennies on the pound... Same works for today only today you sell off a few trillion start a panic then buy your same stock back making an easy 10 to 20% profit... If they really want to catch who knew about 911 before it happened just follow the money trail who was selling short or pulling out trillions before 9-11-2001
Because for long term, the real value of stocks typically are the best investments, short term wise, it has too much fluctuations. Next week may be bad, but the week after may be worse. However if you buy next week and look at it 10 years down the road, chances are that it will be a good buy.
Could go even lower. Historically the best time to buy is when u see huge guge decreases for a week and people are yelling " The sky is falling". I bet there are some very smart traders that are going short or buying puts either now or very soon.
I would be very much interested in the money trails as well as the sources if you can kindly obliged.
Either way I will 'plan to' be maxing out some of my accounts for tax time. IRA, SEP, etc. So hope it's down, of course all I lost this past few weeks has sucked though!
Didn't you also predict that Ron Paul would be our next president. I think now is a great time to slowly put your foot in the water by investing in the market. Everyone is worried about a recession but if 4th Quarter GDP comes our positive its unlikely that the economy would go into a recession and on top of the rate cuts which will help fuel the economy look for stocks to take off.
The FED rate is now .5% under inflation. Low rates will cause more damage to the dollar and more inflation
this is the worst time to get in. We are going to be hit with a few more huge down days. Mark my words as a former trader. This isnt even close to the time to get back in, unless you wanna short the market of course.
I was a day trader previously, I never encountered such volatility in my life before, it is simply out of these world , the last few weeks.
Thats what alot of old timers have said on news, TV, the paper the people I talk to now in real life. Its a different world
Not so early after 2001 for sure...... Just curious anyone made a fortune out of those pink sheets, those that were spammed daily?