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Originally Posted by Smooth Operator
You're confused, Cannon.
My stock portfolio tanked like pretty much everyone else's during the Great Bush-Cheney-Cox-Paulson-GOP-Incompetence-Wall-Street-Gone-Wild-WOO-HOO Depression of 2008.
In fact, this is where much of my anger with the incompetent Bush-Cheney-Cox-Paulson stems from.
What I've been bragging about, though, are all the shares of the Vangaurd S&P 500 index fund that I was able to purchase at a fire sale price back in early March when people like High-pitch Hannity were squealing like little girls and bailing on the market ... thus foolishly locking in their losses from the Great Bush-Cheney-Cox-Paulson-GOP-Incompetence-Wall-Street-Gone-Wild-WOO-HOO Depression of 2008.
These shares have done pretty well so far this year ... and I believe the market will yield above average returns over (at least) the next 5-6 years.
Like I said before, this fire sale of stock in the first quarter this year may've been the only good thing to come out of the Great Bush-Cheney-Cox-Paulson-GOP-Incompetence-Wall-Street-Gone-Wild-WOO-HOO Depression of 2008.
Now let me run this by ya ... since it's a stone-cold mortal lock that the Trojans will run the table this season ... and given the fact that the national championship game will be contested in Pasadena ... I'm thinking about calling the NCAA and asking them to cancel the entire college football season and just give that championship trophy to Pete.   |
Of course you are forgetting that all those that lost money had made it in the first place on the backs of those guys you want to put in prison. I dont believe either side but it is hard for me to imagine a spectacular investor such as yourself was sitting on the sidelines through that period of tremendous growth. Naturally you would have pulled out of the market at its peak a fe years back because you knew the Bush and co. policies were going to cause a global collaspe?
When U of A beats USC on Dec 5th will you please sell all your investments and jump off the top row of the Coliseum ?
Or at the very least let Satans Twin punch you in the face after OSU knocks the condoms off in Columbus?
A two loss USC looking strong for a Holiday Bowl bid!