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A couple of Bucks

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

Hope pension funds are riding this tide so that taxes won't have to go higher to fund them...

RE: A couple of Bucks

Gold is down 13% for the year mnn must have been that Mayan Calendar relief.

RE: A couple of Bucks

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

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

Well you only get that if it goes down!

RE: A couple of Bucks

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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