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A couple of Bucks
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Posted by
labrea 7NYC (
My Page) on
Wed, Mar 6, 13 at 0:14
Today was a good day to make a couple of bucks and it would have been better to be positioned for it months ago .Even better for the last 3 years. The rise was not at the expense of funds pouring out of bonds. There was a lot of liquidity sitting out there for ages doing little After Obama's election Fox Business News’ Stuart Varney called the stock market drop a “reaction to Obama’s reelection.” There were other who predicted even more dire prospects which only told me buy! Like the folks on here who told me it was a fools rally when the market hit bottom several years back. I advised folks to get moving and get it out from under the mattress. Tsk tsk tsk well had they a 3 years 25 to 30% return would not have been unreasonable. Right now had you stayed the course 12.5% return since January wasn't difficult. Overall average rise to date has been just under 9%.. Small investors returned pouring money into ETF's |
Follow-Up Postings:
RE: A couple of Bucks
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| Hope pension funds are riding this tide so that taxes won't have to go higher to fund them... |
RE: A couple of Bucks
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| Gold is down 13% for the year mnn must have been that Mayan Calendar relief. |
RE: A couple of Bucks
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| That and with a whiff of recovery in the wind, capital is going back into the stock market. So "they" say - stock market strength can periodically sap safe-haven demand for gold. |
RE: A couple of Bucks
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| Stock market is going up after Obama got re-elected? Why, it must be ... ah, he said ... eh, it's all his fault?!? |
RE: A couple of Bucks
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| Well you only get that if it goes down! |
RE: A couple of Bucks
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| Up again today I guess the market isn't like the price of gas no psychic revelations or notions that it;'s rigged to election results. |
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